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Solus Advanced Materials Decides on Debt Guarantee of 41.5 Billion KRW for Affiliate

[Asia Economy Reporter Lee Jung-yoon] Solus Advanced Materials announced on the 10th that it has decided to provide a debt guarantee of 41.5 billion KRW to its affiliate, Volta Energy Solution.


This amount corresponds to 7.95% of its equity capital, and the debt guarantee period is from the 15th of this month until June 15, 2023.


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