Daewoo E&C Decides on Third-Party Debt Guarantee Worth 53.8 Billion KRW

[Asia Economy Reporter Park Jihwan] Daewoo Construction announced on the 20th that it has decided to guarantee the debt of 53.8 billion KRW borrowed by the Kimhae Prugio High-End buyers from Daegu Bank and Suhyup Bank.

This corresponds to 2.59% of its equity capital as of the end of last year.