Hyosung Chemical Decides on Debt Guarantee of 66.3 Billion KRW for Hyosung Vina Chemical

[Asia Economy Reporter Wondara] Hyosung Chemical announced on the 15th that its subsidiary Hyosung Vina Chemical has decided to provide a debt guarantee for 66.352 billion KRW borrowed from a local bank in Vietnam. This amount corresponds to 14.59% of its equity capital, and the debt guarantee period is from the 16th to July 15, 2021.