Debt Guarantee of KRW 45.1B for COSMAX USA and Correction of Total Guarantee Balance
- COSMAX decided to provide a debt guarantee of KRW 45.1 billion (USD 30 million) for its affiliate COSMAX USA, CORPORATION's borrowings of KRW 37.59 billion from Citibank N.A.
- Corrected total debt guarantee balance from KRW 716.5 billion to KRW 435.4 billion (due to error in COSMAX JAPAN balance)
- COSMAX USA's total equity as of end-2025 was negative KRW 172.4 billion (fully capital-impaired) with a net loss of KRW 32.2 billion
- Total debt guarantee balance including this guarantee is KRW 435.4 billion, equivalent to 71.1% of equity (KRW 612.3 billion)
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KOSPI Filing Information
- Filing: [Correction of Description] Decision on Debt Guarantee for Others
- Company: COSMAX (192820)
- Submission: COSMAX, INC.
- Receipt: 05-20-2026
- Under KRX KOSPI Market Division