Hyosung Advanced Materials Decides on 17.4 Billion KRW Debt Guarantee for Affiliates
[Asia Economy Reporter Park Junyi] Hyosung Advanced Materials announced on the 1st that it has decided to provide a debt guarantee worth 17.442 billion KRW for its affiliate, Hyosung Steel Cord (Qingdao) Co., Ltd. This corresponds to 4.58% of its equity capital.
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