Development Advance Solution to Issue KRW 6 Billion in Bonds With Warrants
Bitget2026/10/29 07:44- Development Advance Solution will issue KRW 6 billion of unsecured bonds with warrants through a private placement.
- Proceeds will fund debt repayment; payment for the offering is scheduled for Nov. 6, 2026.
- The bonds carry a 0% coupon and mature on Nov. 6, 2031.
- Non-detachable warrants have an exercise price of KRW 3,006 per share, potentially creating 1,996,007 common shares.
- Bondholders can seek early repayment at face value starting Nov. 6, 2028, then every three months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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