Exion Group extends debt guarantee term for Threemun Development to Dec. 31, 2026
Bitget2026/09/29 10:18- 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: 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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