Samsung Engineering to guarantee US$137.5m debt of Saudi affiliate

Published : Jul 12, 2016 - 16:34 Updated : Jul 12, 2016 - 16:34

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[DISCLOSURE] Samsung Engineering (028050) will guarantee a US$137.5 million loan of its affiliate Samsung Saudi Arabia, it announced on July 12. This amounts to 16.1 percent of its equity capital.

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