The Korea Herald

소아쌤

SKC to guarantee W56b debt of subsidiary

By KH디지털2

Published : Aug. 30, 2016 - 13:34

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[DISCLOSURE] SKC (011790) said on Aug. 30 that it has decided to sign a loan guarantee agreement with Korea Development Bank for 56.3 billion won (US$50.3 million) debt of its subsidiary, SKC Inc.

SKC will pay collateral worth 200 billion won to Korea Development Bank.

By Jung Min-kyung (mkj1105@heraldcorp.com)