CentralMotec Decides to Provide Debt Guarantee to Subsidiary CTR Eco Packaging
[Asia Economy Reporter Myunghwan Lee] CentralMotec announced on the 1st that it has decided to provide a debt guarantee for 649.44 million KRW out of 12 billion KRW in debt of its subsidiary CTR Eco Packaging.
The debt guarantee amount corresponds to 6.63% of its equity capital, and the debt guarantee period is from July 4th to July 4th, 2029.
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CentralMotec explained the debt guarantee as "a debt guarantee for the new borrowings of its subsidiary CTR Eco Packaging."
This content was produced with the assistance of AI translation services.
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