Hyosung Corrects Debt Guarantee for Hyosung Chemical's 200 Billion Won New Type Capital Securities - Total Guarantee Balance Increases to 1.6 Trillion
- Hyosung decided to provide a debt guarantee (cash replenishment agreement) for 200 billion won of new type capital securities issued by its affiliate Hyosung Chemical, correcting its previous disclosure
- The creditor is Hyosung Chemi Jeilcha Co., Ltd. (a securities firm's SPC), with a guarantee period from 2026-05-22 to 2056-05-22 (30 years), but early redemption possible after 3 years from issuance
- This correction increases Hyosung's total debt guarantee balance from 1,402,676,200,000 won to 1,602,676,200,000 won, an increase of 200 billion won
- As of 2025, Hyosung Chemical's total equity was 633,071 million won, turning from negative 67,993 million won in 2024; sales: 2,340,718 million won; net profit: 326,028 million won
ADVERTISEMENT (250px+)
KOSPI Filing Information
- Filing: [Correction of Description] Decision on Debt Guarantee for Others
- Company: HYOSUNG (004800)
- Submission: HYOSUNG CORPORATION
- Receipt: 05-21-2026
- Under KRX KOSPI Market Division