HDC Hyundai Development Company Provides 345 Billion KRW Debt Guarantee to Able Doan Jeil Cha Jusikhoesa

[Asia Economy Reporter Geum Bo-ryeong] HDC Hyundai Development Company announced on the 16th that it has decided to provide a debt guarantee worth 345 billion KRW to Able Doan Jeil Cha Jusikhoesa.

The debt guarantee amount is 15.5% of the company's equity capital as of last year. The creditors are KB Securities, Samsung Securities, and Korea Investment & Securities. The debt guarantee period is until September 16.