[F-永冠] Announcement Regarding Convertible Bond Redemption (Proposal Rejected)
Key facts
- [F-永冠] Announcement Regarding Convertible Bond Redemption (Proposal Rejected)
- F-永冠 (永冠能源科技集團) announced that it failed to redeem its 4th domestic unsecured convertible bonds (15894) on time due to the exercise of put options by bondholders, totaling 1.035 billion TWD. The proposed repayment plan was rejected by the creditors' meeting.
- Source: PR Times
- Date: June 1, 2026
Direct answer
F-永冠 (永冠能源科技集團) announced that it failed to redeem its 4th domestic unsecured convertible bonds (15894) on time due to the exercise of put options by bondholders, totaling 1.035 billion TWD. The proposed repayment plan was rejected by the creditors' meeting.
- Citation
- [F-永冠] Announcement Regarding Convertible Bond Redemption (Proposal Rejected) (June 1, 2026), PR Times
- Source
- PR Times
- Date
- June 1, 2026
F-永冠 (永冠能源科技集團) announced that it failed to redeem its 4th domestic unsecured convertible bonds (15894) on time due to the exercise of put options by bondholders, totaling 1.035 billion TWD. The proposed repayment plan was rejected by the creditors' meeting.
📋 Article Processing Timeline
- 📰 Published: June 1, 2026 at 09:00
- 🔍 Collected: June 2, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 2, 2026 at 08:05 (5 min after Collected)
2. Relationship: The Company
3. Mutual shareholding ratio: Not applicable
4. Date of default: 115/06/01
5. Amount of default: 1,035,605,020 TWD
6. Details: The company's 4th domestic unsecured convertible bonds (15894) reached their 3-year maturity on Feb 20, 2026. Due to the exercise of put options by bondholders, 1,035,605,020 TWD could not be repaid on time. To protect investor interests, the company negotiated with bondholders and held a creditors' meeting on June 1, 115, hosted by the trustee, Land Bank of Taiwan. The proposed repayment plan was not approved.
7. Measures: The company will carefully re-evaluate its funding plan, propose a new repayment scheme, and convene another creditors' meeting as soon as possible.
8. Other: This matter has a significant impact on shareholder equity and securities prices.
FAQ
What is the impact on investors?
High uncertainty as debt restructuring negotiations continue.
What are the key facts in this article?
F-永冠 (永冠能源科技集團) announced that it failed to redeem its 4th domestic unsecured convertible bonds (15894) on time due to the exercise of put options by bondholders, totaling 1.035 billion TWD. The proposed repayment plan was rejected by the creditors' meeting.
What is the direct answer?
F-永冠 (永冠能源科技集團) announced that it failed to redeem its 4th domestic unsecured convertible bonds (15894) on time due to the exercise of put options by bondholders, totaling 1.035 billion TWD. The proposed repayment plan was rejected by the creditors' meeting.