On 1 October, LG Chem announced that it plans to complete a price return swap (PRS) worth about 2 trillion won (US$1.4 billion) using its stake in LG Energy Solution as the base asset.
What is covered in the Full Insight:
Introduction to LG Chem's PRS Announcement
Details of the PRS Contract and Stake Implications
Potential Impacts on LG Chem and LG Energy Solution