Subsidiary Partially Repays Loan and Extends Maturity by One Year
- ESR Kendall Square Asset No.2 REIT (owner of Icheon 7 Logistics Center) repaid KRW 15.6 billion of its existing KRW 72.6 billion secured loan and extended the maturity of the remaining KRW 57 billion to May 10, 2027.
- Interest rate for the extension period is floating at CD (base rate) + 1.50%.
- Loan purpose is for asset acquisition payment (Icheon 7 Logistics Center), and the loan-to-equity ratio is 15.1%.
- The agenda was approved at the subsidiary's shareholders' meeting held on May 4, 2026.
- Subsidiary's total assets: approx. KRW 93.66 billion; parent company's consolidated assets: KRW 283.58 billion (33.0% share).
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KOSPI Filing Information
- Filing: [Correction of Description] Other Management Matters (Voluntary Disclosure) (Major Management Matters of Subsidiary)
- Company: ESR Kendall Square REIT (365550)
- Submission: ESR Kendall Square REIT Co., Ltd.
- Receipt: 05-11-2026
- Under KRX KOSPI Market Division