NordMason defaults on KRW 3.01 billion convertible bond repayment

Bitget2026/10/02 08:12

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NordMason reported a payment default on its 1st unregistered, unsecured private placement convertible bond.
Unpaid amount totaled KRW 3.01 billion, including KRW 3 billion principal and KRW 12.5 million interest.
Default occurred on Oct. 2, 2026, following the bond’s Oct. 1, 2026 maturity.
Unpaid balance equaled 109.77% of 2025 standalone equity of KRW 2.74 billion.
A repayment plan has been agreed with creditors, with payments to follow that schedule.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NordMason Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261002600833), on October 02, 2026, and is solely responsible for the information contained therein.

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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NordMason defaults on KRW 3.01 billion convertible bond repayment

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