Hyulim Networks buys back KRW 1.08 billion of 5th convertible bonds ahead of maturity
Bitget2026/10/14 08:22- Hyulim Networks repurchased KRW 1.08 billion of its 5th unsecured private convertible bonds before maturity via an off-market buyback.
- The bonds were issued on Aug. 2, 2024, mature on Aug. 2, 2027, with a conversion price of KRW 4,240 per share.
- Repurchase was an early redemption agreed with the bondholder, funded from internal cash.
- Face value acquired totaled KRW 981.82 million; remaining outstanding face value stood at KRW 3 billion post-transaction.
- Disposal plan pending, with a later board decision on resale or cancellation.
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