Blitzway Entertainment repurchases KRW 327,095,400 of 2nd convertible bonds before maturity
Bitget2026/09/29 07:46- Blitzway Entertainment bought back KRW 327,095,400 of its privately placed convertible bond before maturity on Sept. 29, 2026.
- The repurchase covered KRW 300,000,000 in face value, including accrued interest.
- The bonds were issued on Oct. 27, 2023, mature on Oct. 27, 2028, with a conversion price of KRW 10,505 per share.
- Transaction was agreed with the bondholder, funded with internal cash, completed via off-market purchase.
- Outstanding registered principal balance will stand at KRW 2 billion, with the repurchased portion set for cancellation.
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