Exion Group extends debt guarantee term for Threemun Development to Dec. 31, 2026

Bitget2026/09/29 10:18

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Exion Group extended the maturity of a KRW 21 billion debt guarantee for Threemun Development to Dec. 31, 2026.
The guarantee backs KRW 17.5 billion of property acquisition loans, capped at 120% of the borrowing.
Amendment follows lender consultations as title transfer is delayed because the debt has not been assumed by Exion.
Exion plans to partially repay the loan by year-end 2026 to assume the debt, or refinance with another lender.

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. Exion Group 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: 20260929900961), 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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Exion Group extends debt guarantee term for Threemun Development to Dec. 31, 2026

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