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April 26, 2024

CJ CheilJedang to guarantee US$170m debt of subsidiary

PUBLISHED : June 27, 2017 - 16:34

UPDATED : June 27, 2017 - 16:34

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[DISCLOSURE] CJ CheilJedang (097950) announced on June 27 that it has decided to guarantee US$170 million debt of its affiliate CJ Global Holdings. 

This amounts to 3.18 percent of its equity capital and the guarantee period is until June 26, 2020.

By Hwang You-mee (theinvestor@heraldcorp.com)

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