Lightron Decides to Issue Convertible Bonds with Put and Call Options

Decision to issue convertible bonds (CB). Collateral: 1st priority beneficiary rights on land and building in Daejeon, maximum claim amount 10.4 billion won (130% of face value).
Put option: Bondholders can request early redemption every month starting 1 year after issuance, with redemption rates from 104.61% to 114.32%.
Call option: Issuer can request sale of up to 50% of outstanding bonds between 1 year and 1.5 years after issuance, fee 1%, guaranteed YTC 6.5%.
Key terms such as conversion price and maturity date not disclosed.

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