Total Debt Guarantee Balance Decrease from 2.72T to 1.99T, Extension of Some Guarantee Period
- Correction filing: 2026-05-18, amendment to debt guarantee decision, reason: change in guarantee period (end date from 2026-05-20 to 2026-08-20).
- Total debt guarantee balance decreased from 2,724,737,372,032 won to 1,995,572,309,372 won, a reduction of approximately 27%.
- PF-related guarantee limit decreased from 2,033.9 billion won to 1,344.9 billion won; ordinary guarantee limit from 690.8 billion won to 650.7 billion won.
- Specific guarantee: extension of 103 billion won guarantee for Seongseong Development Co., Ltd. by 3 months (2026-05-20 to 2026-08-20).
- Financials of Seongseong Development (as of 2025.12.31): assets 98.2 billion, liabilities 101.5 billion, equity 3.6 billion (previous year equity -0.2 billion), net loss 3.1 billion. Weak financial condition.
- Guarantee provider: First JHJ Second Co., Ltd., PF Loan type.
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KOSPI Filing Information
- Filing: [Correction of Description] Decision on Debt Guarantee for Others
- Company: IPARK Hyundai Development (294870)
- Submission: IPARK Hyundai Development Company
- Receipt: 05-18-2026
- Under KRX KOSPI Market Division