KD Decides on Debt Guarantee Worth 38.7 Billion KRW
[Asia Economy Reporter Lee Jung-yoon] KD announced on the 29th that it has decided to provide a debt guarantee of 38.72 billion KRW to third parties for the purchasers of the Gunsan New Station Area multi-family housing.
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This amount corresponds to 98.75% of the company's equity capital, and the debt guarantee period is from today until February 28, 2025. The company explained, "The above debt guarantee is a joint guarantee by our company for the interim payment loans granted to the purchasers involved in the Gunsan New Station Area multi-family housing construction project that we are currently implementing."
This content was produced with the assistance of AI translation services.
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