Sonokong prepays KRW 886.93 million of debt ahead of maturity after investor put option exercise
Sonokong to repurchase KRW 886,931,650 of its 13th private convertible bonds before maturity on Sept. 28. Repurchase covers KRW 850 million face value, triggered by a bondholder put option. Bonds were issued June 27, 2025, due June 27, 2028; remaining face value to fall to KRW 3.8 billion. Company plans to cancel the r