LIG Nex1 Extends 46.2 Billion KRW Employee Stock Ownership Association Debt Collateral

[Asia Economy Reporter Minji Lee] LIG Nex1 announced on the 9th that it will provide real estate and cash worth approximately 465 as collateral for the debt of the employee stock ownership association members to Korea Securities Finance. The collateral provision end date is September 22 of next year. LIG Nex1 stated that it will extend the period by one year as the maturity of the collateral provision for personal loans related to the payment of subscription funds for employees' acquisition of employee stock ownership has arrived.