Geumyang announced on the 4th that its short-term borrowings increased by 80.5 billion KRW.
This borrowing is intended to raise funds necessary for the construction and equipment investment of the secondary battery Gijang factory. The company secured short-term loans from financial institutions using the land of the secondary battery Gijang factory as collateral.
The scheduled loan execution date is the 4th, and the maturity date is one year from the borrowing date.
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