LX Hausys decides debt guarantee of 53.1 billion won for US subsidiary
Debt guarantee decision: 53.14 billion won (USD 36 million) guarantee for subsidiary LX Hausys America, Inc. (Export-Import Bank). 6.37% of equity.
Total guarantee balance: 467.76 billion won.
Subsidiary financials: Current year net loss of 30.54 billion won (previous year loss of 0.54 billion, year before profit of 16.48 billion). Assets 434.4 billion, liabilities 275.1 billion.