Woongjin Decides to Increase Short-Term Borrowings by 40 Billion KRW

[Asia Economy Reporter Minwoo Lee] Woongjin announced on the 16th that it has decided to increase short-term borrowings (private bonds with a maturity of less than one year) by 40 billion KRW. This is to repay existing borrowings. This amount corresponds to 20.19% of the consolidated equity as of last year.