Sebang Battery Decides on Debt Guarantee of 123 Billion KRW for Subsidiary
[Asia Economy Reporter Lee Junhyung] Sebang Battery announced on the 19th that it has decided to provide a debt guarantee worth 123 billion KRW for the new facility fund procurement of the Pyeongdong Industrial Complex factory of its 100% subsidiary, Sebang Lithium-ion Battery.
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The scale of this debt guarantee corresponds to 10.8% of the equity capital as of the end of last year.
This content was produced with the assistance of AI translation services.
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