ConvertibleExpired
0% Convertible Notes due 2027
BMAX-CB1
2905.00 KRW▼ 15.31%
BTC Holdings
551.238 BTC
Total Debt
166.66B KRW
Leverage
228.6%
mNAV
0.48x
Outstanding
0.00 KRW
Issue date
2022-11-10
Principal
21.00B KRW
Coupon
0.00%
Maturity
2027-11-10
Conversion price
27,208 KRW
ITM Status
OTM (-89.3%)
- Fully repurchased by company before maturity starting Nov 2024
- Conversion price adjusted for 4:1 reverse split Mar 2026 (pre-split: 6,802)
- Exact issue/maturity dates estimated; CB existed as of H1 2024 report, classified as current liability
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Unsecured
- Settlement
- Shares
- Payment frequency
- None (zero coupon)
- Rate type
- Fixed
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2024-11-30 | Repurchase | 0.00 KRW Fully repurchased before maturity; 21B KRW original principal. Approximate date. |
| 2022-11-10 | Issuance | 21.00B KRW |
- 2024-11-30 — 0 KRW
- 2022-11-10 — 21,000,000,000 KRW