Samsung C&T to guarantee W785b debt of Saudi affiliate and 8 others

Published : Aug 22, 2016 - 17:45 Updated : Aug 25, 2016 - 14:41

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[DISCLOSURE] Samsung C&T (028260) announced on Aug. 22 that it will guarantee a 785.21 billion won (US$697.96 million) debt of its affiliate SW Development. This amounts to 7.7 percent of its equity capital.
(theinvestor@heraldcorp.com)

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