ITEK to prepay KRW 9.11 billion of convertible bonds ahead of maturity

Bitget2026/10/06 10:10

ITEK set an early repurchase of KRW 9 billion of its 6th privately placed convertible bond. Cash payment set at KRW 9.11 billion on Oct. 12, based on principal and accrued interest. Bond matures Feb. 27, 2031; early buyback agreed with bondholders via off-market purchase. Post-transaction outstanding principal balance to fall to KRW 19.3 billion. 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. ITEK Inc. 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: 20261006000427), on October 06, 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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