SK Inc unit SK On assumes KRW 2.03 trillion SK Battery America bond debt

Bitget2026/09/29 07:50

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SK Inc. moved to assume KRW 2.028 trillion of debt tied to SK Battery America’s outstanding overseas bonds.
Debt covers principal and interest on USD 500 million bonds due 2027 at 4.875% and USD 1 billion bonds due 2029 at 4.250%.
Decision dated Sept. 28, 2026, framed as debt restructuring to improve the unit’s financial position.
Transaction becomes effective only if bondholders approve an issuer change at meetings expected in late October 2026.

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. SK Inc. 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: 20260929800626), on September 29, 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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SK Inc unit SK On assumes KRW 2.03 trillion SK Battery America bond debt

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