GemVax & KAEL Borrows KRW 17.5 Billion From Hana Bank for Property Acquisition
Bitget2026/10/30 07:46- GemVax & KAEL plans to borrow KRW 17.5 billion from Hana Bank on Oct. 30, 2026, through a corporate facility loan.
- Proceeds will refinance the seller’s existing property-backed loan to cover the final payment for a tangible asset acquisition.
- Total short-term borrowings will rise to KRW 37.83 billion from KRW 20.33 billion.
- The new borrowing represents 20.32% of equity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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