Inspire Integrated Resort Co., Ltd. Junior Convertible Bonds Subscription Agreement December 27, 2022Convertible Bonds Subscription Agreement • January 6th, 2023 • Mohegan Tribal Gaming Authority • Hotels & motels
Inspire Integrated Resort Co., Ltd. (the "Issuer") signed on September 24, 2021 the Loan Agreement (the "Loan Agreement" as amended, modified, or supplemented as agreed upon by the Parties) of KRW 1.04 trillion with certain financial institutions in connection with the development project of Phase 1A of the Inspire Complex Resort (the “Project”), and Hanwha Engineering & Construction (the “Investor" or the “Bondholder”) submitted to the Lenders under the Loan Agreement the Junior Convertible Bonds Subscription Covenant Letter dated September 24, 2021 (the "Covenant Letter") under which the Investor agreed to subscribe for the junior convertible bonds to be issued by the Issuer.
