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Cheongbo issues KRW 1 billion private convertible bond

PUBT·09/30/2026 21:04:19
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Cheongbo issues KRW 1 billion private convertible bond
  • Cheongbo set a KRW 1 billion issuance of 16th unsecured private convertible bonds.
  • Proceeds earmarked for acquiring securities in Daeyeon E&C, paid in-kind via 20,000 Daeyeon E&C common shares.
  • Zero coupon structure; maturity set for Oct. 8, 2029; redemption at 100% of principal at maturity.
  • Conversion price set at KRW 2,204; up to 453,720 new common shares, equal to 3.72% of outstanding shares.
  • Investor put option allows early redemption at 100% starting Oct. 8, 2027.


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. Cheongbo 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: 20260930000878), on October 01, 2026, and is solely responsible for the information contained therein.