Refinancing of Korean loan facilities
Summary by ASM
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Refinancing of Korean loan facilities
ASM has successfully refinanced two key corporate debt facilities associated with the Korean Metals Plant – with Hana Bank and the Korean Development Bank – extending loan maturity dates to mid-2026. These refinancings enhance ASM’s financial flexibility and allow the Company to remain focused on technical improvements and ramp-up activities at the KMP. Refinanced facilities: ₩3B Hana Bank loan (unsecured) – now due May 2026 ₩9B KDB loan (secur…
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