CJ CGV, about $51.6 billion in debt guarantees to affiliates

Reporter Paul Lee / approved : 2023-07-20 02:17:00
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[Alpha Biz=(Chicago) Reporter Paul Lee] CJ CGV announced on the 19th that it has decided to guarantee a debt of 51.57295 billion won to its affiliate CGI Holdings Limited.

The guarantee is 13.12% of equity capital. The period is until July 25 next year.

As a result, the total balance of debt guarantee will be 277.3812 billion won.

 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

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