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April 20, 2024

CJ CheilJedang guarantees US$223m debt of US affiliate

PUBLISHED : March 20, 2018 - 11:27

UPDATED : March 20, 2018 - 11:27

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[DISCLOSURE] CJ CheilJedang (097950) announced on March 19 that it has decided to guarantee US$223.26 million loan of its affiliate CJ Bio America. 

This amounts to 3.94 percent of its equity capital and the guarantee period is until April 19, 2019. 

By Hwang You-mee (glamazon@heraldcorp.com

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