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Taeyoung E&C Plans 27.15 Billion Won Debt-for-Equity Swap

PUBT·10/29/2026 07:45:05
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Taeyoung E&C Plans 27.15 Billion Won Debt-for-Equity Swap
  • Taeyoung Engineering & Construction will convert KRW 27.15 billion of unsecured financial debt into equity under an October 29, 2026, board decision.
  • Korea Housing Finance Corp. will receive 11,752,022 new common shares at KRW 2,310 each.
  • The debt conversion is scheduled for November 6, 2026, with no cash inflow.
  • New shares are scheduled to list November 23, 2026, subject to a one-year lockup ending November 22, 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. TAEYOUNG 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: 20261029000415), on October 29, 2026, and is solely responsible for the information contained therein.