Nutribiotech to guarantee W12.9b debt of US affiliate
[DISCLOSURE] Nutribiotech (222040) announced on March 22 that it has decided to underwrite 12.86 billion won (US$11.91 million) debt of its affiliate Nutribiotech USA.
This amounts to 15.58 percent of its equity capital and the guarantee period is until March 21, 2019.
By Hwang You-mee (glamazon@heraldcorp.com)