Kumho Engineering & Construction to Issue KRW 50 Billion in Perpetual Convertible Bonds

• Kumho Engineering & Construction will issue KRW 50 billion of subordinated, unsecured perpetual convertible bonds through a private placement.
• Payment is scheduled for October 30, 2026; proceeds will fund operations to support financial soundness.
• The bonds carry a 4% coupon with an initial guaranteed annual compounded yield of 8.5%.
• Both rates rise annually by 2.5 percentage points from October 31, 2029, capped at 20% each.
• Initial maturity is October 30, 2056, extendable indefinitely in 30-year increments; issuer redemption starts October 30, 2029.

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. Kumho Engineering & Construction 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: 20261020000384), on October 20, 2026, and is solely responsible for the information contained therein.