Pyung Hwa Industrial Board Approves KRW 7.95 Billion Debt Guarantee for Pyung Hwa India
Bitget2026/10/23 08:42- Pyung Hwa Industrial’s board on Oct. 23, 2026, authorized a KRW 7.95 billion debt guarantee.
- The guarantee backs affiliate Pyung Hwa India’s KRW 6.62 billion borrowing from CITI BANK N.A., INDIA.
- Coverage runs from Nov. 10, 2026, through Nov. 9, 2027.
- The guarantee represents 12.79% of equity, bringing total outstanding debt guarantees to KRW 21.25 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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