GS Energy Provides 360 Billion KRW Funding Commitment for Boryeong LNG Terminal
[Asia Economy Reporter Lee Gwan-ju] GS announced on the 8th that its subsidiary GS Energy has decided to provide a fund supplementation agreement related to previously issued corporate bonds of its affiliate Boryeong LNG Terminal. The agreement amount is 360 billion KRW, which is 6.2% of its equity capital.
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The company stated that if a default event occurs for the debtor Boryeong LNG Terminal, GS Energy will jointly supplement the shortfall in funds together with the co-investors.
This content was produced with the assistance of AI translation services.
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