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Pavonine

Decision to Acquire and Cancel 5th Convertible Bonds Before Maturity


  • Company to acquire and cancel part of the 5th convertible bonds before maturity
  • Total acquisition amount: KRW 8,071,991,600 (face value KRW 7,760,000,000), acquisition date: 2026-05-14
  • Reason: exercise of put option (KRW 3,930,188,000) and call option (KRW 4,141,803,600)
  • Remaining face value after acquisition: KRW 5,640,000,000
  • Conversion price: KRW 2,935 (adjusted), funded by internal capital, purchased over-the-counter
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KOSDAQ Filing Information


  • Filing: Acquisition of Convertible Bonds (Including Overseas Convertible Bonds) Before Maturity After Issuance
  • Company: Pavonine (177830)
  • Submission: Pavonine Co., Ltd.
  • Receipt: 05-14-2026
  • Under KRX KOSDAQ Market Division