Agreement to Extend EUR Hedge Settlement of KRW 80 Billion
- Subsidiary JR REIT XXVI agreed with Hana Bank to extend the maturity of the EUR hedge settlement (approx. KRW 80 billion) from May 4, 2026 to November 1, 2027.
- Subject transaction: principal EUR 300 million and dividend EUR 14 million; total settlement approx. KRW 100 billion, with KRW 20 billion already paid, leaving approx. KRW 80 billion.
- The agreement is conditional on JR Global REIT's rehabilitation filing and ARS program, with Hana Bank as the largest creditor.
- The parent has a cash deficiency undertaking for credit enhancement of the subsidiary.
- Subsidiary's total assets approx. KRW 2.28 trillion, representing 82.9% of parent's consolidated total assets of KRW 2.75 trillion.
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KOSPI Filing Information
- Filing: Other Management Matters (Voluntary Disclosure) (Key Management Matters of Subsidiary)
- Company: JR GLOBAL REIT (348950)
- Submission: JR GLOBAL REIT
- Receipt: 05-04-2026
- Under KRX KOSPI Market Division