BHI Issues Convertible Bonds Worth 20 Billion KRW

[Asia Economy Reporter Hwang Yoon-joo] BH I announced on the 21st that it will issue the 1st series of registered, interest-bearing, unsecured private convertible bonds worth 20 billion KRW.

The maturity interest rate of the convertible bonds is 2.0%, and the maturity date is February 28, 2027. The conversion price is 4,045 KRW, and upon conversion, 4,944,375 registered shares of BH I (16.0%) will be newly issued. The conversion request period is from February 28, 2023, to January 28, 2027.