Designation of Call Option Exercise Person for Convertible Bonds - 12 Monthly Put Options (101-102% Premium)
- Blue Industrial Development submitted a major report on May 18, 2026, regarding the designation of the person to exercise the call option on convertible bonds
- The company can exercise a put option on up to 50% of bondholders' holdings over 12 monthly periods from May 2027 to April 2028
- Purchase price ranges from 101.013% to 102.114% of face value (2% annual compound quarterly rate)
- Consideration for the put option is a fee of 1.0% of 50% of the held amount, paid to the underwriter on issuance date
- Bondholders must retain 50% of their initial investment unconverted until the last payment date
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KOSPI Filing Information
- Filing: Report on Major Events (Designation of Person Exercising Call Option for Convertible Bonds)
- Company: Blue Industrial Development (006740)
- Submission: Blue Industrial Development Co., Ltd.
- Receipt: 05-18-2026