Iljin Power sets Oct. 7 start date for collateral pledge backing Goyang Green Energy loan
Bitget2026/10/07 10:02Iljin Power corrected its collateral-provision disclosure by setting the start date at 2026-10-07. The collateral covers Goyang Green Energy’s KRW 42.25 billion borrowing from KB Insurance and two other lenders. Collateral amount remains KRW 50.7 billion, secured by 2,409,600 common shares in the subsidiary. The pledge runs until the secured debt is fully repaid and the share pledge is released. 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. Iljin Power 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: 20261007900681), on October 07, 2026, and is solely responsible for the information contained therein.
- Iljin Power corrected its collateral-provision disclosure by setting the start date at 2026-10-07.
- The collateral covers Goyang Green Energy’s KRW 42.25 billion borrowing from KB Insurance and two other lenders.
- Collateral amount remains KRW 50.7 billion, secured by 2,409,600 common shares in the subsidiary.
- The pledge runs until the secured debt is fully repaid and the share pledge is released.
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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