CODI withdraws KRW 33 billion private convertible bond issuance after investors fail to pay

Bitget2026/10/06 10:33

CODI withdrew planned private placement convertible bond issuances totaling KRW 33 billion. Cancellation covered the 10th tranche of KRW 3 billion, scheduled to price on Oct. 6, 2026. Also scrapped the 11th tranche of KRW 30 billion, also slated for Oct. 6, 2026. Move followed missed payments tied to contract non-performance by the designated investors. 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. The CODI 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: 20261006900780), 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.