Decision to Issue 15 Billion Won New Type Capital Securities for Financial Soundness and Debt Repayment
- JW SHINYAK resolved to issue 15 billion won in unsecured subordinated private placement bonds (new type capital securities)
- All proceeds of 15 billion won to be used for debt repayment
- Maturity 30 years, interest rate 4.70% (initial), 5.20% at maturity (step-up of 0.50%p after 5 years)
- Interest payment may be deferred (except when dividends or share buybacks occur), deferred interest accumulates with quarterly compounding
- Issued to DB Date First Co., Ltd. (private placement)
- Aimed at strengthening financial soundness (capital expansion), no dilution of existing shareholders
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KOSDAQ Filing Information
- Filing: Report On Major Events (Decision On Issuance Of Debt Securities Recognized As Capital)
- Company: JW SHINYAK (067290)
- Submission: JW SHINYAK CORPORATION
- Receipt: 05-21-2026