Pyung Hwa Industrial Board Approves KRW 7.95 Billion Debt Guarantee for Pyung Hwa India

Bitget2026/10/23 08:42

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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: 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. Pyung Hwa Industrial Co. Ltd. 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: 20261023800961), on October 23, 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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Pyung Hwa Industrial Board Approves KRW 7.95 Billion Debt Guarantee for Pyung Hwa India

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