HLB Global announced that it has issued its 37th unregistered, unguaranteed private perpetual convertible bond (debt-type hybrid security) worth 3 billion won.

According to the regulatory filing, the issuance method is a domestic private convertible bond offering, with both the planned and actual issuance amounts at 3 billion won each. The first board resolution date for the issuance decision was August 6, 2026, and the payment date is the 18th of the same month.

The key point of this issuance is the payment method. The bond payment was made not in cash but through 'payment in kind.' The underwriter's receivables from the transfer of HLB Co., Ltd.'s 40th unregistered, unguaranteed private convertible bond were offset against the subscription payment for this bond at equal value. The total face value of HLB Co., Ltd.'s 40th convertible bond subject to the offset is 3 billion won.

In connection with this issuance, HLB Global disclosed on August 6 its decisions on the 'Issuance of Debt Securities Recognized as Capital' and the 'Issuance of Convertible Bonds,' respectively.

[This article was written with AI assistance. It is based on publicly available corporate disclosures and does not recommend buying or selling any specific stock. The conversion of the convertible bonds and potential changes in the number of shares may vary depending on future circumstances, so investors are advised to check the company's latest disclosures before making investment decisions.]