Cosmax NBT Decides on 12.8 Billion KRW Debt Guarantee for Overseas Subsidiaries
[Asia Economy Reporter Yoo Byung-don] Cosmax NBT announced on the 17th that it has decided to provide a debt guarantee of 12.8 billion KRW for a third party concerning its overseas affiliate Cosmax NBT USA.
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This amount corresponds to 21.98% of its equity capital. The debt guarantee period is from the 18th of this month until October 18, 2023.
This content was produced with the assistance of AI translation services.
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