Ecoplastic unit Heungkuk On Enterprise No.8 Ecoplastic draws KRW 40 billion loan backed by parent guarantee

Bitget2026/09/23 07:07

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Ecoplastic will provide a KRW 52 billion joint guarantee for loans taken by subsidiary Heungkuk On Enterprise No.8 Ecoplastic SPC.
Guarantee backs a KRW 40 billion borrowing from Hana Bank tied to an ABL funding structure for investment, working capital.
Guarantee term runs from Sept. 30, 2026 to Sept. 30, 2029.
Guarantee equals 14.5% of FY2025 consolidated equity of KRW 359.73 billion.
Total outstanding debt guarantees stood at KRW 474.06 billion following the decision.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ecoplastic Corporation published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260923900502), on September 23, 2026, and is solely responsible for the information contained therein.

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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Ecoplastic unit Heungkuk On Enterprise No.8 Ecoplastic draws KRW 40 billion loan backed by parent guarantee

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