Remed prices KRW 10 billion private placement of convertible bonds
Bitget2026/10/14 09:02- Remed set a KRW 10 billion private placement of 4th series unsecured, bearer, coupon convertible bonds.
- Proceeds earmarked for working capital, with spending focused on overseas expansion, B2C commercialization, BCI-related projects.
- Bonds carry a 1% coupon, 5% yield to maturity, with maturity set for Oct. 26, 2031.
- Conversion price set at KRW 2,954, implying up to 3,385,240 new common shares, equal to 11.18% of outstanding shares.
- Settlement scheduled for Oct. 26, 2026, with LF Investment named as the subscriber.
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.
You may also like
Deutsche Bank made significant Q3 purchases of midstream AI application stocks: the three major cloud giants saw increased holdings, with Palantir (PLTR.US) and Salesforce (CRM.US) also favored.
Deutsche Bank has submitted its third quarter 13F holdings report for the period ending September 30, 2026.
Pendle Bridge integrates with BungeeExchange, supporting cross-chain transfers across 13 networks
Barclays significantly increased holdings in Tesla (TSLA.US) and Intel (INTC.US) in Q3, and bought Nasdaq ETF options for hedging
According to disclosures by the U.S. Securities and Exchange Commission (SEC), Barclays has submitted its third-quarter holdings report (13F) as of September 30, 2026.
Crypto prices
More
