• Daewoo Engineering & Construction decided on Oct. 28, 2026, to provide a KRW 142.5 billion debt guarantee.
• The guarantee covers Ascent Power First’s ABCP financing for an officetel development in Jinju Innovation City.
• The guarantee runs from Oct. 30, 2026, through April 29, 2027, representing 4.1% of equity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Daewoo Engineering & Construction Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261028800616), on October 28, 2026, and is solely responsible for the information contained therein.