Hyundai Home Shopping Decides to Increase Short-Term Borrowing Limit of Subsidiary Hyundai L&C
[Asia Economy Reporter Lee Jung-yoon] Hyundai Home Shopping announced on the 29th that its subsidiary Hyundai L&C has decided to increase its borrowing limit from financial institutions from 22 billion KRW to 42 billion KRW. The purpose is to secure stable short-term funding and liquidity. Hyundai L&C's total short-term borrowings will increase from 222 billion KRW to 242 billion KRW.
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