GIS schedules KRW 4.55 billion early debt buyback under call option
Bitget2026/09/28 09:51- GIS to repurchase KRW 4.5 billion face value of its 8th private placement bonds with warrants before maturity.
- Cash payment set for Sept. 28, 2026 at KRW 4.55 billion, covering principal plus interest at a 101.0037% redemption rate.
- Move follows the issuer’s call option exercise; bonds mature Sept. 25, 2030.
- Outstanding principal on the issue to fall to KRW 10.5 billion.
- Post-acquisition treatment to be decided later, with options including cancellation or resale.
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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