Sang-A Frontec Acquires 2.9 Billion KRW Worth of EB Before Maturity
Sangae Front Tech announced on the 17th that it will acquire the 5th series of unnamed, unsecured private exchangeable bonds (EB) worth 2.93 billion KRW before maturity.
Hot Picks Today
"I Just Want to Sleep": Prime Minister Takaichi...
- "You Can Only Have This in Korea": Which National Museum Cafe Menu Is Captivatin...
- "This Has Never Happened to Me in Korea"... Gwangjang Market Stall That Charged ...
- This Is Truly "Unbelievable Stories"... Went to Renew License, Flagged as Identi...
- "Never Hike Alone as a Woman" "Even Two Are at Risk"... Growing Fear of Crime on...
The exchange price is 58,600 KRW, and the reason for acquisition is the early bond acquisition due to the bondholder's exercise of the put option.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.