South Korea's stock-linked bond exercises climbed 5.3% to 4.6 trillion won in 2023, led by a surge in Bonds with Warrants, while Convertible Bonds declined.
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https://en.infomaxai.com/news/articleView.html?idxno=99932
Stock-Linked Bond Exercises Reach 4.6 Trillion Won in 2023—Boost Driven by BWs

South Korea's stock-linked bond exercises climbed 5.3% to 4.6 trillion won in 2023, led by a surge in Bonds with Warrants, while Convertible Bonds declined.

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The value of stock-linked bond exercises in South Korea fell 7.0% in H1 2025 to 1.99 trillion won, with only bonds with warrants (BWs) posting gains, while the number of exercise cases surged nearly 24%.
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https://en.infomaxai.com/news/articleView.html?idxno=72453
Stock-Linked Bond Exercise Value Falls 7.0% in H1—Only BWs See Increase

The value of stock-linked bond exercises in South Korea fell 7.0% in H1 2025 to 1.99 trillion won, with only bonds with warrants (BWs) posting gains, while the number of exercise cases surged nearly 24%.

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L&F Co. will raise 300 billion won ($217 million) through bonds with warrants, allocating 200 billion won to a new LFP battery subsidiary, as it seeks to expand amid recent operating losses.
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https://en.infomaxai.com/news/articleView.html?idxno=67723
L&F to Issue 300 Billion Won in BWs—Invests 200 Billion Won in New LFP Production Subsidiary

L&F Co. will raise 300 billion won ($217 million) through bonds with warrants, allocating 200 billion won to a new LFP battery subsidiary, as it seeks to expand amid recent operating losses.

Yonhap Infomax