INFAC Decides Debt Guarantee of KRW 10.4 Billion for Mexican Subsidiary's Working Capital Extension (Correction)
Correction: INFAC POLAND Sp. z o.o. debt guarantee balance revised from KRW 7,538,916,000 to KRW 7,521,668,000 (simple misstatement)
INFAC decides debt guarantee of KRW 10.44 billion (USD 7 million) for Mexican subsidiary INFAC AUTOMOTIVE MEXICO S.A. DE C.V's working capital loan extension
Guarantee amount equals 5.95% of equity (KRW 175.5 billion); total guarantee balance KRW 263.6 billion (including unused amounts)
Debtor's financials (FY2025 end): assets KRW 43.2B, liabilities KRW 48.9B, equity -KRW 5.8B, net income KRW 0.8B (vs prior year loss -KRW 3.3B)
Guarantee period: 2026-05-17 to 2027-05-30 (1 year)
KOSPI Filing Information
Filing: [Correction of Description] Decision on Debt Guarantee for Others