Telcon RF Pharmaceutical prepays KRW 2.81 billion of convertible bond debt ahead of maturity
Bitget2026/09/29 05:48- Telcon RF Pharmaceutical decided to repurchase KRW 2.81 billion of its 23rd private convertible bonds before maturity.
- Repurchase covers KRW 2.7 billion in face value, via off-market purchase under an early redemption agreement.
- Payment set for Sept. 29, 2026, funded from internal resources; bonds slated for cancellation following acquisition.
- The 23rd convertible bonds were issued April 22, 2025; maturity is April 22, 2028.
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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