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
Ballot Box Found in Trash... Peru Holds Runoff Amid 'Ballot Shortage Crisis'
- "Brothers, You've Been Waiting for News?"... Orphanage Library Built Thanks to 'Money Brag' by SK hynix Employee
- "Let's End It Here"...Trump Walks Out of Interview After Election Fraud Clash
- "We Can Manufacture Firearms If We Unite"... Police Closely Monitor SNS Comments on Jamsil Protest
- "Click! Gotta Post on SNS"... 'Small Luxury' for 20s and 30s Cools Down Amid High Inflation
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.