ConvertibleActiveBTC
3% Convertible Notes due 2029
BMAX-May29
2905.00 KRWโผ 15.31%
BTC Holdings
551.238 BTC
Total Debt
166.66B KRW
Leverage
228.6%
mNAV
0.48x
Outstanding
61.65B KRW
Insufficient history
Issue date
2026-05-07
Principal
61.65B KRW
Coupon
3.00%
Maturity
2029-05-07
Conversion price
2,612 KRW
ITM Status
ITM (+11.2%)
- KOSDAQ Series 6 private placement convertible bond (bearer, unsecured)
- Conversion exercise period 2027-05-07 to 2029-04-07
Terms & Documentation
Terms
- BTC strategy
- Yes
- Ranking
- Unsecured
- Settlement
- Shares
- Payment frequency
- Monthly
- Payment dates
- 7
- Rate type
- Fixed
- Put provision
- Holders may request early redemption at 100% of face value from 1 year after issuance (May 7, 2027), monthly thereafter through April 7, 2029 (24 windows). Early redemption yield: 0%.
- Use of proceeds
- Refinancing of 2nd/3rd/4th convertible bonds (in-kind exchange) plus KRW 800M cash
Outstanding History
Outstanding history(1)
| As of | Event | Outstanding |
|---|---|---|
| 2026-05-07 | Issuance | 61.65B KRW CB6 issuance per 2026-04-28 board decision; deposit (๋ฉ์
์ผ) 2026-05-07. |
- 2026-05-07 โ 61,650,000,000 KRW