Yuyu Pharma Decides on Debt Guarantee of 5.2 Billion KRW for Subsidiary

[Asia Economy Reporter Oh Ju-yeon] Yuyu Pharmaceutical announced on the 21st that its subsidiary Yuyu Teijin Medicare has decided to guarantee 5.2 billion KRW, which is 50% of the loan borrowed from MUFG Bank (Mitsubishi Financial Group). This corresponds to 5.99% of its equity capital. The remaining 50% is guaranteed by Japan's Teijin Corporation.