Kumho Tire extends USD 96 million debt guarantee for US subsidiary

Bitget2026/11/12 11:08

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Kumho Tire's board on Nov. 12, 2026, renewed USD 96 million in debt guarantees for subsidiary Kumho Tire U.S.A.
The guarantees cover USD 80 million in borrowings from Citibank and HSBC Bank USA.
Citibank's guarantee runs Jan. 30, 2027–Jan. 30, 2028; HSBC's runs Feb. 19, 2027–Feb. 19, 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kumho Tire Co. Inc. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261112801086), on November 12, 2026, and is solely responsible for the information contained therein.

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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Kumho Tire extends USD 96 million debt guarantee for US subsidiary

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