Hanwha REIT (KRX:451800) plans to sell 20 billion won worth of Series 3-1 one-year unsecured bonds to affiliate Hanwha Investment & Securities as part of a planned 80 billion won bond offering, according to a Tuesday filing with the Korean Exchange.
The trust said the final fixed interest rate for the offerings will be based on the results of the demand forecast, with issuance scheduled for Sept. 4 and maturity due on Sept. 3, 2027.
The proceeds will be used for debt repayments.
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