Sang-A Frontec Acquires 2.9 Billion KRW Worth of EB Before Maturity

Sangae Front Tech announced on the 17th that it will acquire the 5th series of unnamed, unsecured private exchangeable bonds (EB) worth 2.93 billion KRW before maturity.

The exchange price is 58,600 KRW, and the reason for acquisition is the early bond acquisition due to the bondholder's exercise of the put option.