F&F Decides to Increase Short-Term Borrowings by 300 Billion KRW to Acquire TaylorMade

[Asia Economy Reporter Gong Byung-sun] F&F announced on the 20th that it has decided to increase short-term borrowings by 300 billion KRW to invest in a private equity partnership for the purpose of acquiring the global golf brand TaylorMade.

This amounts to approximately 92.52% of its equity capital.