Hanwha Vision Decides to Issue Up to 100 Billion Won Public Bonds

Hanwha Vision issues Series 1-1 (40 billion) and Series 1-2 (30 billion) unsecured public bonds (total up to 100 billion won)
Proceeds to be used for other purposes, including acquisition of Humax Village building (280 billion won)
Credit rating: A+ (stable) from NICE and Korea Ratings
2025 Q3 consolidated: revenue 1.33 trillion won, operating profit 137.7 billion won, net loss 20.2 billion won (one-off items)
Debt ratio 122.4% (end-2024: 92.9%), total borrowings 390.1 billion won (end-2024: 265.7 billion)
Key subsidiary Hanwha Semitech continues losses; 2024 operating loss 61.2 billion won
7 lawsuits (6.96 billion won) and contingent liabilities exist
Majority shareholder Hanwha Corp. plans to spin off (July 1, 2026); expected change in controlling shareholder