Pyung Hwa Holdings Unit Guarantees KRW 7.95 Billion in Pyung Hwa India Debt
Bitget2026/10/23 09:06- Pyung Hwa Holdings subsidiary Pyung Hwa Industry agreed Oct. 23, 2026, to guarantee KRW 7.95 billion for affiliate Pyung Hwa India.
- The guarantee covers KRW 6.62 billion in borrowing from Citi Bank India, running from Nov. 10, 2026, through Nov. 9, 2027.
- The commitment represents 12.79% of the subsidiary's equity, bringing its 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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