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TCC Steel Announces 21 Billion Won Convertible Bond Issue, Conversion Price Set

Published: · Source: mk.co.kr

TCC Steel Announces 21 Billion Won Convertible Bond Issue, Conversion Price Set
TL;DR: KOSPI-listed TCC Steel disclosed on May 12, 2026 that it will issue its 42nd convertible bond worth 21 billion won, with the conversion price set at 19,150 won.
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TCC Steel, a company listed on the Korea Composite Stock Price Index market, disclosed on May 12, 2026 that it will issue its 42nd convertible bond. The issue size is 21 billion won, and the disclosed conversion price is 19,150 won. The conversion claim period was mentioned as beginning in May 2027. The filing is a key item for investors because it identifies convertible bonds as the financing instrument and provides the main conversion terms. Follow-up attention is limited to the disclosed conditions, including the issue size, conversion price and the timing from which conversion claims may be made. Source: mk.co.kr.

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