Debt Guarantee of 145.1 Billion KRW for Subsidiary
LX International decided to guarantee the debt of its subsidiary LX International Japan Ltd. amounting to 145.1 billion KRW (USD 98.5 million), representing 4.1% of its equity.
Total outstanding guarantees amount to 2.0646 trillion KRW across 23 affiliates.
The debtor LX International Japan reported sales of 111.3 billion KRW and a net loss of 479 million KRW in the current year, indicating deteriorating financial health.
Guarantee period: 2026-05-01 to 2028-04-05.
KOSPI Filing Information
Filing: Decision on Debt Guarantee for Others (Major Management Matters of Subsidiary)