Sambo Motors Decides on 10 Billion KRW Debt Guarantee for Subsidiary Praco
[Asia Economy Reporter Park Junyi] Sambomotors announced on the 6th that it has decided to provide a debt guarantee worth 10 billion KRW for its subsidiary Praco.
The debt guarantee amount corresponds to 5.04% of equity capital as of the end of 2019.
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The guarantee is valid until January 14, 2024.
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