The Korea Herald

지나쌤

Hyundai Paint's US$3.8m loan overdue, under negotiation

By 황유미

Published : June 22, 2016 - 14:04

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[DISCLOSURE] Hyundai Paint (011720) reported on June 22 that its 4.4 billion won (US$3.8 million) loan from NH Bank is overdue with an interest of 21.8 million won, due to its failure to extend the repayment date. This amounts to 28.5 percent of its equity capital. The company is negotiating repayment and extension of due date, it added.