Disclosure Plus

NDFOS Co., Ltd. Decides to Issue 20 Billion Won in Convertible Bonds

[E-Daily Reporter KIM YOON-JEONG ] NDFOS Co., Ltd.(238090)announced on the 17th that it has decided to issue its 6th series of bearer, interest-bearing, unsecured private placement convertible bonds (CBs) worth 20 billion won to raise funds for the acquisition of securities in other companies.
The coupon rate and maturity rate are 0% and 4%, respectively, and the bond maturity date is June 25, 2029. The subscriber is JK New Technology Investment Fund No. 23.
The conversion price is 2,633 won per share. The number of shares to be issued upon conversion is 7,595,898, representing 20.36% of the total number of shares. The conversion period runs from June 25, 2027, to May 25, 2029.

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