Homeplus has secured 200 billion won in debtor-in-possession financing from Meritz Financial Group, guaranteed by majority shareholder MBK Partners, easing immediate liquidity pressure but leaving substantial repayment and refinancing needs. Suppliers are asking the Seoul Rehabilitation Court to clarify repayment of approximately 793.9 billion won ($572 million) in commercial priority claims. The second revised plan relies on store sales, borrowing and refinancing, although reports describe the asset-sale scope differently: one cites 23 company-owned stores generating 1.42 trillion won, while a newer disclosure specifies 19 of 37 stores slated for closure, with proceeds used to repay Meritz-linked trust-secured claims and release collateral. Homeplus then plans to borrow about 600 billion won in 2030 against 38 operating stores and increase secured borrowing to about 900 billion won by 2037. The plan cuts fiscal 2028 revenue to 3.38 trillion won and projects a 10.3 billion won operating loss, before forecasting a return to profitability in 2029. Creditors and secured claimholders are scheduled to vote on the plan on the 2nd of next month, with the court expected to decide by the 4th; rejection would terminate the rehabilitation proceedings.