Decision to Issue 15 Billion Won New Type Capital Securities for Financial Soundness and Debt Repayment
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JW SHINYAK resolved to issue 15 billion won in unsecured subordinated private placement bonds (new type capital securities)
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All proceeds of 15 billion won to be used for debt repayment
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Maturity 30 years, interest rate 4.70% (initial), 5.20% at maturity (step-up of 0.50%p after 5 years)
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Interest payment may be deferred (except when dividends or share buybacks occur), deferred interest accumulates with quarterly compounding
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Issued to DB Date First Co., Ltd. (private placement)
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Aimed at strengthening financial soundness (capital expansion), no dilution of existing shareholders
KOSDAQ Filing Information
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Filing: Report On Major Events (Decision On Issuance Of Debt Securities Recognized As Capital)
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Company: JW SHINYAK (067290)
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Submission: JW SHINYAK CORPORATION
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Receipt: 05-21-2026