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Taeyoung E&C Plans 27.15 Billion Won Debt-for-Equity Swap
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Taeyoung E&C Plans 27.15 Billion Won Debt-for-Equity Swap
  • Taeyoung Engineering & Construction will convert KRW 27.15 billion of unsecured financial debt into equity under an October 29, 2026, board decision.
  • Korea Housing Finance Corp. will receive 11,752,022 new common shares at KRW 2,310 each.
  • The debt conversion is scheduled for November 6, 2026, with no cash inflow.
  • New shares are scheduled to list November 23, 2026, subject to a one-year lockup ending November 22, 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TAEYOUNG Engineering & Construction Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261029000415), on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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