Fact Source: Financial Supervisory Service DART
Market: KOSPI (000660)
💡 3-Second Summary
SK hynix disclosed an extension of the maturity date for its existing loan to its Chinese subsidiary (SK hynix Semiconductor (Dalian) Co., Ltd.) to July 12, 2027, along with updated loan balances and interest rates following partial principal repayment.
📊 [Key Disclosure Content & Key Figures Summary]
- Reason for Correction and Key Amendments
- Reason for Correction: Extension of loan maturity and adjustment following partial principal repayment (Original Filing Date: May 24, 2023)
- Loan Amount: (Before) KRW 5,545,910,600,000 (USD 4,229,000,000) → (After) KRW 5,304,875,400,000 (USD 3,729,000,000)
- End Date of Loan Period: (Before) 2025-07-12 → (After) 2027-07-12
- Interest Rate: (Before) 6.5% → (After) 5.3% (3-month floating rate applied, as of board resolution date)
- Board Resolution Date: 2025-04-23 (5 Outside Directors attended)
- Loan Details
- Borrower: SK hynix Semiconductor (Dalian) Co., Ltd. (100% owned subsidiary)
- Ratio to Equity: 7.2% (Based on consolidated equity of KRW 73,915,703,612,985 as of FY2024 end)
- Purpose of Loan: Funding for acquisition and operational costs of the subsidiary
- Exchange Rate Applied: Initial Hana Bank exchange rate of 1,422.6 KRW/USD on the board resolution date (2025-04-23)
- Target Entity Financial Summary (As of FY2024 end)
- Total Assets: KRW 10.180T / Total Liabilities: KRW 7.036T / Total Equity: KRW 3.144T / Stated Capital: KRW 4.116T
- Revenue: KRW 7.263T / Net Profit: -KRW 244.4B
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Revised Loan Terms and Extension Schedule
This filing discloses the two-year extension of the loan maturity date (to July 12, 2027) and updates the remaining loan balance (USD 3,729,000,000) following partial repayment. It is important to verify that the amended loan conditions, including the modified maturity date and floating interest rate, are reflected accordingly. Further details on transaction balances can be cross-referenced in the ‘Transactions with Related Parties’ section of future periodic filings (Annual, Half-Yearly, or Quarterly Reports).
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Source: This content was newly structured and generated based on official disclosure data from the Financial Supervisory Service’s DART system.
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