Camus E&C's 175 billion won PF debt assumption obligation extinguished as borrower repays loan fully with logistics center sale proceeds
Camus E&C announced via a corrective disclosure that on June 30, 2026, the borrower Anseong Seongeun Logistics PFV fully repaid the PF loan of 175 billion won using proceeds from the sale of the logistics center, extinguishing the company's overlapping debt assumption obligation.
This correction follows the initial debt assumption triggered by the failure to meet the completion guarantee in October 2024, and the borrower's timely sale resolves the company's contingent liability.
The original debt assumption amounted to 200.5% of equity, a massive burden that has now been eliminated, improving the company's financial stability.
[AI Summary]Camus E&C has been fully released from its 175 billion won PF loan debt assumption obligation. The borrower's successful sale of the logistics center led to the repayment, positively impacting the company's financial health and shareholder value. However, this disclosure merely resolves a past risk and does not represent new growth, warranting a neutral investment stance.
KOSPI Filing Information
[Correction of Description] Decision on Assumption of Debt
Company: Camus Engineering & Construction (013700)