Daesung Industrial Decides on 30 Billion KRW Financial Loan to DS Power
[Asia Economy Reporter Minji Lee] Daesung Industrial announced on the 12th that it has decided to lend 30 billion KRW to its affiliate company, DS Power. The interest rate is around 7.8%.
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The company stated, "This is an acquisition of subordinated loan claims from Esmeralda, a creditor of DS Power," and added, "We will generate interest income through investment in subordinated loan claims before and after DS Power's refinancing."
This content was produced with the assistance of AI translation services.
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