CJ Logistics to Issue 450 Billion KRW in 104th Unsecured Bonds

Issuance of total 450 billion won in corporate bonds (104-1: 80bn, 104-2: 300bn, 104-3: 70bn)
Use of proceeds: debt repayment 310bn, operating funds 140bn
Credit rating AA- (stable) / Maturities: 2yr, 3yr, 5yr
Consolidated debt ratio 136.95% (Q3 2025), interest coverage ratio 2.96x
Libya Great Man-Made River ICC arbitration counterclaim approx. USD 2.7bn, proceedings suspended due to unpaid deposit
38 pending lawsuits (amount: 87.1bn won)
Consolidated guarantees 89.8bn won, collateral provided with maximum amount of 480bn won
11 out of 22 major subsidiaries recorded net loss for the period
Numerous risk factors disclosed: global economic slowdown, minimum wage hikes, trucker strikes, etc.

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