Short-Term Borrowing Increase for Engine Prepayment


  • Short-term borrowing increased by KRW 39.16 billion (USD 27,143,771.92 at rate 1,442.80)
  • Purpose: Funding prepayment (PDP) for two TRENT 7000-72 engines for A330-900NEO aircraft
  • Sale and leaseback (SLB) structure: lessor pays PDP, lease starts upon engine delivery
  • Financial cost: based on PDP amount, floating at Term SOFR + spread
  • 10.15% of equity (equity KRW 386 billion), not a large corporation
  • Board resolution date: 2026-01-27, all 3 outside directors attended
ADVERTISEMENT (250px+)

KOSPI Filing Information


  • Filing: Decision on Increase of Short-Term Borrowings
  • Company: Trinity Airways (091810)
  • Submission: Trinity Airways Co., Ltd.
  • Receipt: 05-15-2026
  • Under KRX KOSPI Market Division