Lotte Engineering & Construction has raised another 200 billion won ($147.1 million) through asset-backed securities (ABS), bringing its total issuance this year to 800 billion won across three offerings. The latest one-year, AAA-rated tranche was fully subscribed and is backed by construction receivables from six sites, including projects operated by group affiliates. By securitizing future payments rather than relying solely on additional borrowing, Lotte E&C aims to diversify funding, accelerate collections and improve liquidity. The third issuance is expected to bring forward about 470 billion won in construction payments through the first half of 2027. The company is also reducing project-financing exposure, targeting a decline in remaining borrowings and related contingent liabilities by year-end.