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Daelim Industrial to guarantee US$340 mil for Osan Landmark Project
By 황유미Published : June 17, 2016 - 09:44
[DISCLOSURE] Daelim Industrial Co (000210) will guarantee a 400 billion won (US$339.6 million) loan of Osan Landmark Project, it announced on June 16. The construction company will also lend 205.5 billion won in cash to the real estate developer, it said in a separate statement. These amount to 8.32 percent and 4.28 percent of its equity capital, respectively.
