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Daejoo Electronic Materials issues KRW 70 billion in private convertible bonds

PUBT·10/14/2026 05:29:01
Daejoo Electronic Materials issues KRW 70 billion in private convertible bonds
  • Daejoo Electronic Materials set a KRW 70 billion private placement of 9th unsecured, bearer-type convertible bonds.
  • Proceeds earmarked for working capital, mainly raw-material purchases for solar cells, MLCC, silicon anode materials.
  • Bonds carry 0% coupon, 0% yield, mature Oct. 22, 2031.
  • Conversion price set at KRW 120,000, implying 583,333 new common shares, equal to 3.58% of current shares outstanding.
  • Conversion window runs Oct. 22, 2027 to Sept. 22, 2031; investor put starts Apr. 22, 2029; issuer call covers up to 50%.


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. Daejoo Electronic Materials 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: 20261014000146), on October 14, 2026, and is solely responsible for the information contained therein.