The Korea Herald

피터빈트

Doosan E&C offers US$96m collateral for affiliate

By 황유미

Published : July 13, 2016 - 16:41

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[DISCLOSURE] Doosan Engineering & Construction (011160) will offer its Changwon plant site and building as collateral worth 110 billion won (US$96.15 million) for its affiliate Doosan Mecatec’s 126.42 billion won debt. This amounts to 7.78 percent of its equity capital.