Lotte Holdings Withdraws Plan to Issue 250 Billion KRW Corporate Bonds

[Asia Economy Reporter Minji Lee] Lotte Holdings announced on the 21st that it will postpone its plan to issue corporate bonds worth 250 billion KRW.

The company explained, "This decision was made considering various conditions including investor protection," and added, "Since the preliminary public offering procedures such as demand forecasting and subscription have not yet been conducted, there is no issue regarding investor protection."