Q1 Stock-Related Bond Exercise Amount 912.6 Billion Won... 28.95% Decrease from Previous Quarter

[Asia Economy Reporter Minji Lee] The Korea Securities Depository announced on the 6th that the number of exercised rights for stock-related bonds in the first quarter of this year was 1,375, an increase of 0.66% compared to the previous quarter, while the exercised amount was 912.6 billion KRW, a decrease of 28.95% compared to the previous quarter (1.2845 trillion KRW).

Looking at the number of exercised rights by type, convertible bonds (CB) were 699 cases, down 22.76% from the previous quarter (905 cases), exchangeable bonds (EB) were 72 cases, up 84.62% from the previous quarter (39 cases), and bonds with warrants (BW) were 604 cases, up 43.13% from the previous quarter (422 cases).

Regarding the exercised amounts by type, CB amounted to 506.2 billion KRW, down 55.51% from the previous quarter (1.1378 trillion KRW), EB was 37 billion KRW, down 29.66% from the previous quarter (52.6 billion KRW), and BW increased by 292.56% to 369.4 billion KRW from the previous quarter (94.1 billion KRW).

Among the top stock-related bond exercise amounts by item, Doosan Heavy Industries 1st WR was the highest at 293.2 billion KRW, followed by Ildong Pharmaceutical 1st CB (60 billion KRW), and Lotte Tour Development 7-2nd CB (31.1 billion KRW).