Hwasung R&A Decides on 23 Billion KRW Debt Guarantee for Hwasung Materials
[Asia Economy Reporter Geum Bo-ryeong] Hwasung R&A announced on the 20th that it has decided to provide a debt guarantee worth 23 billion KRW for its affiliate Hwasung Sojae.
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The debt guarantee amount is 8.77% of the consolidated equity as of the end of last year. The debt guarantee period is until October 28, 2023.
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