Termination of KRW 79.3 Billion Debt Guarantee for SK Gas Subsidiary SKGT
SK Discovery Co.,Ltd. filed a corrective disclosure upon termination of debt guarantee for SK Gas Trading LLC (SKGT), a subsidiary of its subsidiary SK Gas, effective 2026-05-15
Guarantee details: Parent Company Guaranty provided by SK Gas to Energy Transfer LNG Export LLC for SKGT's LNG long-term contract; guarantee amount KRW 79.3 billion (US$61 million, at exchange rate 1,300 won/USD)
Guarantee period: 2022-06-01 to 2026-05-15 (originally until end of LNG contract; terminated due to contract end)
Guarantee amount equivalent to 3.75% of equity (equity of KRW 2.117 trillion as of end-2021 on consolidated basis)
Total outstanding guarantees (including this one): KRW 857.197 billion
KOSPI Filing Information
Filing: [Correction of Description] Decision on Debt Guarantee for Others (Major Management Matters of Subsidiary)