SG Co. issues KRW 33.5 billion private placement convertible bonds
Bitget2026/10/02 07:17- SG Co. priced a KRW 33.5 billion 22nd unsecured private convertible bond offering to fund working capital.
- Coupon set at 0%; yield to maturity 1%; maturity date Oct. 12, 2029.
- Conversion price KRW 1,140 per share; up to 29,385,964 new common shares, equal to 19.52% of outstanding shares.
- Conversion period runs Oct. 12, 2027 to Sept. 12, 2029; floor conversion price KRW 798.
- Investor put starts June 12, 2028; issuer call runs Oct. 12, 2027 to June 12, 2028, capped at 30% per holder.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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