Danal sells KRW 16.41 billion of 8th-series treasury convertible bonds for working capital

Bitget2026/09/29 07:44

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Danal set to sell KRW 16.41 billion of its 8th series treasury convertible bonds on Sept. 30.
Deal covers KRW 11.5 billion in face value, part of KRW 14 billion reacquired via a call option.
Transaction aims to secure operating funds; buyer is Yuanta Securities.
Conversion price stands at KRW 3,136 per share, implying 3,667,091 shares, or a 4.62% stake on conversion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Danal Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260929900571), on September 29, 2026, and is solely responsible for the information contained therein.

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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Danal sells KRW 16.41 billion of 8th-series treasury convertible bonds for working capital

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