SeoulMarkets · tag
convertible-bond
6 stories tagged “convertible-bond”, each from official Korean data with its source and timestamp.
A Korean REIT Issued Two Convertible Bonds the Same Day. Together They're 8.13% Dilution.
Koramco Life Infra REIT's board approved two private convertible bonds on 21 September — same conversion price, same coupon, same maturity date — worth a combined 34 billion won and 8,308,894 potential new shares.
Four Korean Dilution Filings Landed in Three Weeks. One Tops 100 Percent.
Korea Advanced Materials issued two same-day, same-price convertible bonds worth a combined 20.62% dilution — the fourth of four unrelated dilution filings we checked from early September to today, ranging from 8% to 164%.
One Korean Convertible Bond Is Worth 164% of the Company's Shares. A Second, Filed a Day Later, Is 13%.
THE CODI's board approved a 30 billion won convertible bond on 7 September that would create more shares than the company has outstanding — 163.75% dilution by its own figure — then a smaller bond the next day.
A Company Paid a 9.6% Premium to Cancel a Convertible Bond It Had Sold Three Months Earlier
Emgen Solution sold a private convertible bond in June 2026. In September it bought the whole issue back for 9.6% over face value -- canceling 8.3% worth of potential dilution, 32 months before the bond was due.
From Celltrion to KG Mobility, one flaw repeats
This week we ranked 35 Korean capital-raising filings three ways — buybacks, rights issues, convertible bonds. In every single one, the size of the deal did not predict what it meant for existing shareholders.
KG Mobility's convertible bond dilutes shares 22%
Five Korean convertible bonds filed this week all pay 0% surface interest — the option to convert is the entire return. Potential dilution on conversion ranges from 1.0% to 22.0%, and it isn't the biggest raise that dilutes least.