Loss of Maturity Benefit on 60 Billion Won Listed Bond… Rehabilitation Filing
JR Global REIT filed for rehabilitation, resulting in loss of maturity benefit on April 27, 2026 for its listed bond (JR Global REIT 3-1) with a balance of 60 billion won.
Principal and interest on the bond amount to 60,294,575,342 won, but due to the rehabilitation filing, the maturity benefit is lost, allowing bondholders to demand early repayment.
The bond management company is Heungkuk Life Insurance Co., Ltd., and the loss date coincides with the rehabilitation filing date.
This indicates severe deterioration of the issuer's financial health, and the possibility of bond repayment will depend on the outcome of the rehabilitation process.