LS Cable - To Issue an EB Worth 400 Billion Won Using LS Marine Solution as Base Asset?

603 Views04 Sep 2025 01:55

Major major local media including Maekyung Business Daily and Chosun Daily have reported that LS Cable & System is pushing forward with an EB worth 400 billion won.

What is covered in the Full Insight:

Introduction to LS Cable's EB Plans
Key Financials and Valuation of LS Marine Solution
Shareholding Structure of LS Marine Solution
Strategic Importance of Offshore Wind Investments
Impact Analysis on LS Cable and LS Marine Solution

Boomeranged on Mon, 27 Oct 2025 21:00

On 27 October, LS Cable announced it will issue an EB worth 200 billion won which will be convertible into 7.74 million shares of LS Marine Solution stock held by LS Cable. Conversion price is 25,850 won per share (4.2% higher than current price), interest rate is 0%, and the maturity date is November 27, 2030.This is negative for LS Marine Solution but positive for LS Corp (parent of LS Cable).