Hyundai Corporation Decides on 58.9 Billion KRW Debt Guarantee for Affiliates
[Asia Economy Reporter Ryu Tae-min] Hyundai Corporation announced on the 13th that it has decided to provide a debt guarantee worth 58.91 billion KRW for its affiliate Hyundai Oilbank and Hyundai Oilbank's overseas subsidiaries.
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This amount corresponds to 18.73% of its equity capital, and the debt guarantee period is until December 31 of next year.
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