ILSUNG Construction guarantees KRW 11.84 billion in extended construction loan for Cheongju Ochang lodging project buyers

Bitget2026/10/14 07:47

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ILSUNG Construction set a debt guarantee for buyers in the Cheongju Ochang serviced-residence development, tied to an interim-payment loan extension.
Guarantee limit set at KRW 11.84 billion for loans with a KRW 9.87 billion facility limit.
Guarantee runs from Oct. 14, 2026 to Jan. 14, 2027, matching the loan maturity.
Guarantee equals 16.11% of 2025 consolidated equity of KRW 73.5 billion.
Total outstanding guarantee limits stood at KRW 58.48 billion following the decision.

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. ILSUNG Construction 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: 20261014800348), on October 14, 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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