HDC Holdings unit HDC Hyundai Development guarantees KRW 456 billion PF loan for Songpa Biz Cluster PFV

Bitget2026/09/28 08:12

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HDC Holdings unit HDC Hyundai Development to provide a KRW 456 billion debt guarantee for Songpa Biz Cluster PFV borrowings.
Guarantee backs KRW 380 billion in loans from Shinhan Bank-led lenders, set at 120% of the borrowing amount.
Guarantee period runs from Sept. 30, 2026 to Sept. 30, 2031, including a completion guarantee with debt-assumption on non-performance.
Guarantee equals 14.2% of equity based on FY2025 consolidated financial statements.
Total outstanding debt guarantees stand at KRW 2.8 trillion, reflecting guarantee limits including undrawn amounts.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HDC Holdings Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260928800525), on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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HDC Holdings unit HDC Hyundai Development guarantees KRW 456 billion PF loan for Songpa Biz Cluster PFV

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