SK Inc unit SK On assumes KRW 2.03 trillion SK Battery America bond debt
Bitget2026/09/29 07:50- 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.
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