Font Size
Inverstors News

Guarantee of Debt Payment for Major shareholder

2005.02.16 No. 304
1. Name of debtor(major shareholder): Hyundai Translead
- Relationship with company : Affiliated Overseas Subsidiary
 
2. Details of guaranteed debt :
- Amount of guarantee concerned : KRW 82,136,000,000
- Contents of principal debts : Guarantee of FRN Issue
- Period of guarantee : February 22, 2005 ~ February 21, 2008
- Name of creditor : BNP Paribas, HSBC and participated banks
- Accumulated balance of debt payment guarantee for Hyundai
 
3.Translead for CY 2005 : KRW 140,940,000,000
- Equity capital as of end of 2004 : KRW 12,497,925,000,000
 
3. Decision date (Internal Decision Date) : February 16, 2005
 
4. Others:
- The amount of guarantee in #2 above is USD 80,000,000 and based on the exchange rates for February 16, 2005
(KRW 1,026.70 / 1 USD).
- The decision date in #3 is the acceptance date of guarantee contract report.
- The Accumulated balance of debt payment guarantee for HT
for CY 2005 in #2 above is the amount reflecting guarantee of debt payment
- The above contents may be subject to change depending on
government approvals, authorization process, and market
situations of the related countries
Quick Menu
Page sharing
notice close