Incon Cuts Convertible Bond Conversion Price to KRW 5,035 a Share

Bitget2026/10/22 07:42

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Incon revised its KRW 15 billion convertible bond issuance, cutting the conversion price to KRW 5,035 per share from KRW 6,855.
Potential conversion shares increased to 2,979,145 from 2,188,183.
Coupon and maturity yields rose to 4%, from 2% and 3%, respectively.
Payment shifted to November 6, 2026, from October 23; maturity moved to November 6, 2029.
Proceeds were reallocated equally among facilities, working capital and securities acquisitions, at KRW 5 billion each.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Incon Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261022000323), on October 22, 2026, and is solely responsible for the information contained therein.

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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Incon Cuts Convertible Bond Conversion Price to KRW 5,035 a Share

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