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Lotte Provides KRW451.7 Billion Loan to Subsidiary Lotte Chemical Indonesia

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Lotte Chemical (KRX:011170) subsidiary Lotte Chemical Indonesia took out a loan of 451.7 billion won from its parent Lotte (KRX:004990), according to a filing with the Korea Exchange on Tuesday.

The sum will be used for the repayment of facility borrowings, including Export Credit Agency (ECA) loans, and for liquidity management, the filing said.

The loan period is from June 12, 2026, to Dec. 20, 2036. The loan amount is equivalent to 2.57% of Lotte Chemical Indonesia's total equity capital, it said.

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