Peace Holdings Decides on 10 Billion KRW Debt Guarantee
[Asia Economy Reporter Geum Bo-ryeong] Peace Holdings announced on the 16th that it has decided to provide a debt guarantee worth 10 billion KRW to its subsidiary, Peace Oil Seal Industry.
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The debt guarantee amount is 8.06% of the consolidated equity as of last year. The creditor is Korea Investment & Securities. The debt guarantee period is until July 23, 2023.
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