This is an amended filing · View original →
ENPLUS CO., LTD Series 31 convertible bond of KRW 1.8 billion: schedule revised, maturity Feb 2030
EAI summary · Not investment advice
The KRW 1.8 billion convertible bond now matures on Feb 3, 2030, with payment moved to Feb 3, 2027.
Total face value
KRW 1.8 billion
Key facts
- Working capital
- KRW 1.8 billion
- % of total shares
- 5.30%
- Conversion price per share
- KRW 3,875
- Convertible shares
- 464,517 shares
- Conversion period
- Feb 3, 2028 – Jan 2, 2030
- Coupon rate
- 6%
- Bond type
- Series 31 registered coupon-bearing unsecured private convertible bond
- Yield to maturity
- 8%
- Maturity date
- Feb 3, 2030Previously November 3, 2029
- Subscriber
- KRW 1.8 billionL&P Holdings Co., no stated relationship with company or largest shareholder
- Payment date
- Feb 3, 2027Previously November 3, 2026
- Board resolution date
- Nov 3, 2026
Commentary
AI commentary · Not investment advice
What happened
EN Plus plans to issue convertible bonds (bonds that can later be turned into shares) to raise KRW 1.8 billion for operating funds. This filing corrects the maturity and payment dates of the bonds. They are the 31st series, privately placed, unsecured bearer bonds with interest coupons.
In the company's terms
The coupon rate is 6% and the rate at maturity is 8%. The conversion price is KRW 3,875 per share. If all bonds are converted, 464,517 new shares would be issued. That equals 5.30% of the total number of shares.
What changes for shareholders
Bondholders can request conversion from February 3, 2028 to January 2, 2030. The bond maturity date is February 3, 2030, as stated in the correction.
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