Korea Technology Decides to Issue 5 Billion KRW Convertible Bonds to Secure Operating Funds
[Asia Economy Reporter Kwon Jaehee] Korea Technology announced on the 16th that it has decided to issue 5 billion KRW worth of the 24th series anonymous bearer subordinated unsecured private convertible bonds to secure operating funds. The nominal interest rate and maturity interest rate are both 5%. The conversion request period is from September 30, 2023, to August 30, 2025. Upon conversion, 6,418,485 shares, equivalent to 4.75% of the total number of shares, may be issued.
Hot Picks Today
!["Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①](https://cwcontent.asiae.co.kr/asiaresize/93/2026051414165763158_1778735817.jpg)
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- Experts Shocked by Record Numbers: "Just the Tip of the Iceberg" — The Identity Behind the 90% Dominating Teens [Chuiyakgukga]⑨
- "If That's the Case, Why Not Just Buy Stocks?" ETFs in Name Only, Now 'Semiconductor-Heavy' and a Playground for Short-Term Traders
- "Real-Life Elite League?" Ultra-Luxury Apartments Maple Xi and One Bailey Residents’ Exchange Event Draws Attention
- "No Cure Available, Spread Accelerates... Already 105 Dead, American Infected"
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
![Cheaper Than Mychew, but Nowhere to Be Found... Fears of a 'Pediatric Medical Crisis' as Drug Makers Halt Production [Why&Next]](https://cwcontent.asiae.co.kr/asiaresize/307/2026051910065268365_1779152813.jpg)
