Zinus Decides on Debt Guarantee Worth 21.7 Billion KRW
[Asia Economy Reporter Geum Bo-ryeong] Zinus announced on the 25th that it has decided to provide a debt guarantee worth 21,652.2 million KRW to its subsidiary 'PT. ZINUS Global Indonesia.'
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The debt guarantee amount is 5.8% of the consolidated equity as of last year. The creditor is 'PT. Bank Shinhan Indonesia.' The debt guarantee period is until June 30, 2021.
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