Extension of Debt Guarantee for Subsidiary GST Safety Textiles RO S.R.L (approx. 29.6 billion won)
HS Hyosung Advanced Materials decided to guarantee debt of 29.58 billion won (approx. EUR 17 million) for the extension of existing loan of its affiliate GST Safety Textiles RO S.R.L.
The guarantee amount is 3.58% of equity (826.5 billion won).
GST Safety Textiles RO S.R.L financial status (2025): assets 159 billion won, liabilities 187.4 billion won, equity -28.3 billion won (capital impairment), net loss 2.6 billion won.
Total debt guarantee balance is approx. 1.7 trillion won (including various affiliates).