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News 2026-10-16 09:07 UTC

Samyung ENC Converts KRW 3.9 Billion of Bond Debt Into Equity

Samyung ENC converted KRW 3.9 billion of convertible bond debt into equity on October 16, 2026, under its rehabilitation plan. The debt-for-equity swap issued 7,799,281 common shares at KRW 500 each. Remaining principal and pre-commencement interest totaling KRW 747.05 million will be repaid in cash; all post-commencem