TCC Steel Discloses 21 Billion Won Convertible Bond Issue at 19,150 Won

TCC Steel, a company listed on South Korea’s main securities market, disclosed on May 12, 2026 that it will issue its 42nd convertible bond with a total size of 21 billion won. The conversion price for the bond was set at 19,150 won, and the conversion request period was presented as starting in May 2027. A convertible bond can be converted into shares under specified conditions, so the issue size and conversion price are key reference points for investors reviewing future conversion potential and possible changes in capital structure. The disclosure outlines TCC Steel’s financing plan and conversion terms. Source: mk.co.kr