Doosan Fuel Cell prices KRW 300 billion private perpetual convertible bond offering
Doosan Fuel Cell set a KRW 300 billion private placement of 1st series bearer, coupon-bearing, unsecured perpetual convertible bonds. Proceeds earmarked for working capital, including fuel-cell raw material purchases tied to AI data-center demand. Bonds carry a 0% coupon until Nov. 12, 2029; maturity yield set at 2% un