DoubleU Games sets KRW 300 billion credit line to fund DoubleDown stake buyout
DDI•DoubleU Games authorized a KRW 300 billion short-term credit facility to fund its tender offer for remaining DoubleDown Interactive shares and related costs. The facility is a credit limit, not an actual borrowing; DoubleU Games currently owns 67.05%.
1. Credit facility authorized
DoubleU Games authorized a KRW 300 billion short-term borrowing facility from financial institutions on November 9, 2026. The facility represents 18.16% of equity and would fund a tender offer for the remaining DoubleDown Interactive shares and related costs.
2. Tender offer conditions
The offer requires total ownership of at least 95%, though the minimum may be lowered to 90% before expiration. DoubleU Games will not borrow if the offer’s minimum acceptance condition is not met.
