ASM has successfully refinanced two key corporate debt facilities associated with the Korean Metals Plant – with Hana Bank and the Korean Development Bank – extending loan maturity dates to mid-2026.
These refinancings enhance ASM’s financial flexibility and allow the Company to remain focused on technical improvements and ramp-up activities at the KMP.
Refinanced facilities:
- ₩3B Hana Bank loan (unsecured) – now due May 2026
- ₩9B KDB loan (secured) – now due June 2026