Correction: 973B KRW Loan to NW HOLDINGS for Equity Conversion
- Correction: Loan maturity changed from 2026-03-30 to 2026-02-02; conversion to include interest costs.
- Loan amount: KRW 972.99 billion (approx. EUR 563 million), 3.6% of equity, interest rate 4.6%.
- Purpose: Loan and subsequent equity conversion to fund subsidiary's acquisition of WALLAPOP.
- Counterparty: Spanish entity NW HOLDINGS (established Sep 2025, no financials disclosed).
- Transaction dates: Loan on 2026-01-23, conversion on 2026-02-02.
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KOSPI Filing Information
- Filing: [Correction of Description] Decision on Monetary Loan
- Company: NAVER (035420)
- Submission: NAVER Corporation
- Receipt: 02-02-2026
- Under KRX KOSPI Market Division