Lotte Construction Issues KRW 300 Billion AAA-Rated ABS Today

According to Yonhapinfomax, Lotte Construction issued KRW 300 billion in AAA-rated asset-backed securities today (July 7), comprising KRW 150 billion with one-year maturity and KRW 150 billion with 15-month maturity. The offering was underwritten by KB Securities, Hana Securities, Kiwoom Securities, Samsung Securities, and Korea Investment Securities. The construction firm expects to recover approximately KRW 770 billion in early cash flow through Q1 2027.
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