LG Sangsa Decides on Debt Guarantee Worth 1.0268 Trillion KRW
[Asia Economy Reporter Geum Bo-ryeong] LG Sangsa announced on the 8th that it has decided to provide debt guarantees worth 1.0268 trillion KRW to four overseas subsidiaries, including LG International (Hong Kong) Ltd.
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The amount of the debt guarantee is 66.30% of its equity capital. The creditors include 40 companies such as Sumitomo Mitsui Banking Corporation.
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