Subsidiary Cheonbo BLS Completes KRW 78.2B Private Convertible Bond Issuance
Original: 증권발행결과(자율공시)(자회사의 주요경영사항)
Summary
Subsidiary Cheonbo BLS completed the issuance of its 1st unregistered, coupon-bearing, unsecured private placement convertible bonds, with the full KRW 78.2 billion paid in on May 29, 2026. The board originally resolved on the issuance on May 22, 2026, and the actual issued amount matched the planned amount in full. The CBs will not be listed. This is a sizable capital raise at the subsidiary level that strengthens funding but introduces potential future dilution at the subsidiary upon conversion.
Full Translation
Cheonbo / Securities Issuance Results (Voluntary Disclosure) / (2026.05.29) Securities Issuance Results (Voluntary Disclosure)
Securities Issuance Results (Voluntary Disclosure)
Report on material management matters of subsidiary Cheonbo BLS
1. Type of Securities: 1st unregistered, coupon-bearing, unsecured private placement convertible bonds
2. Method of Issuance: Domestic private placement convertible bond issuance
3. Issuance Details:
- Planned number of shares to be issued: -
- Planned issuance amount (KRW): 78,200,000,000
- Date of initial board resolution on issuance: 2026-05-22
- Actual number of shares issued: -
- Actual issuance amount (KRW): 78,200,000,000
- Payment date: 2026-05-29
4. Planned listing: No
5. Other matters for investment consideration: -
※ Related Disclosure: 2026-05-22 Resolution on Issuance of Convertible Bonds (Material Management Matters of Subsidiary)