Daewoo E&C Provides Debt Guarantee Worth 329.4 Billion KRW to Nigerian Local Subsidiary and Others
[Asia Economy Reporter Park Junyi] Daewoo E&C announced on the 22nd that it has decided to provide a debt guarantee worth 329.4 billion KRW for JV corporations established for project execution and local Nigerian corporation (DECN).
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This debt guarantee corresponds to 13.24% of the consolidated equity capital as of last year. The guarantee period lasts until May 13, 2029.
This content was produced with the assistance of AI translation services.
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