Seohan Decides on Debt Guarantee Worth 38.9 Billion KRW

[Asia Economy Reporter Geum Bo-ryeong] Seohan announced on the 3rd that it has decided to provide a debt guarantee worth 38.9 billion KRW for Daebong Seohan Forest subscribers.

The debt guarantee amount is 12.89% of its equity capital. The creditors are Nonghyup Bank Seongdang Branch and Dongdaegu Nonghyup Sincheon Branch. The debt guarantee period is until December 13, 2022.