SK Hynix books 3.98 trillion won derivative loss tied to 2023 exchangeable bonds

SK Hynix recognized a 3.98 trillion won derivative trading loss in the first half of 2026 linked to exchangeable bonds issued in April 2023, according to a regulatory filing. The accounting loss was triggered as holders exercised exchange rights and the company's South Korea-listed share price increased. SK Hynix said the loss will not result in an actual cash outflow, and that gains from disposing of treasury shares when the exchangeable bonds were converted into shares had largely offset the related loss.

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