ANP Decides to Provide Debt Guarantee Worth 2.7 Billion KRW to Affiliate Company

[Asia Economy Reporter Kwon Jaehee] ANP announced on the 27th that it has decided to provide a debt guarantee amounting to 2,722,320,000 KRW for its affiliate, Yongsan Co., Ltd. This amount corresponds to 10.81% of its equity capital. The creditor is the Korea Development Bank, and the debt guarantee period is from July 1 to July 1, 2023.