Hyundai Corporation Decides to Guarantee Debt of 23.6 Billion KRW for Affiliates

[Asia Economy Reporter Park Junyi] Hyundai Corporation announced on the 18th that its affiliate, HYUNDAI CORPORATION USA, has decided to guarantee a debt of 23,576,400,000 KRW from KEB HANA LA FINANCIAL CORP. This amounts to 6.5% of its equity capital.