EDC supports first loan in South Korea with $200 million in financing for Lotte Shopping
Published on: Monday 17 November 2025
Today, Export Development Canada (EDC) is announcing a $200 million loan to Lotte Shopping Co., Ltd., one of South Korea's largest and most diversified retail conglomerates. This marks EDC's first loan transaction in South Korea. It is also the inaugural deal between Lotte Shopping and EDC, following the Market Leadership Partnership (MLP) program Memorandum of Understanding (MOU) signed recently in September, which could provide up to US$500 million in EDC financial support for Lotte Shopping o