Naver Decides on Debt Guarantee of About 1.6 Trillion KRW for Affiliate Line
[Asia Economy Reporter Oh Ju-yeon] Naver (NAVER) announced on the 23rd that its affiliate, LINE Corporation, has decided to guarantee debt amounting to 1,647,661,940,000 KRW borrowed from 22 financial institutions including SMBC. This corresponds to 25.33% of its equity capital.
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