Investors Claim JTBC Was Effectively in Capital Impairment Before Bond Issuance

Regarding the situation at JTBC, which is undergoing rehabilitation procedures following a declaration of default, bond investors of JoongAng Group held a press conference today (July 13) and claimed, "JTBC was effectively in a state of complete capital impairment even before the issuance of corporate bonds."

The joint legal counsel for the bond victims submitted a written opinion to the Financial Supervisory Service urging an investigation, stating, "Individual investors have suffered losses, while JTBC and the financial institutions that issued the bonds have gained significant profits."
※ Please note: This article was translated by AI and may contain errors.