Decision to Provide KRW 407.3 Billion Debt Guarantee to Affiliates, Total Guarantees Reach KRW 2.06 Trillion
LXINTERNATIONAL decided to provide debt guarantees totaling KRW 407.3 billion (USD 276.5 million) to 23 affiliates including LX International (America). Guarantee period: 2026.05.20~2029.06.05.
Creditors include Mizuho Bank and 11 other financial institutions. The guarantee amount is 11.5% of equity (KRW 3.54 trillion). Board resolution date: 2026.04.29, all outside directors attended.
Total guarantee balance (including this) is KRW 2.06 trillion, approximately 58% of equity.
Financials of LX International (America) for the current year: assets KRW 296.7 billion, liabilities KRW 231.7 billion, equity KRW 65 billion, net profit KRW 5.4 billion (previous year KRW 2.2 billion).