Debt Guarantee of KRW 45.1B for COSMAX USA and Correction of Total Guarantee Balance
COSMAX decided to provide a debt guarantee of KRW 45.1 billion (USD 30 million) for its affiliate COSMAX USA, CORPORATION's borrowings of KRW 37.59 billion from Citibank N.A.
Corrected total debt guarantee balance from KRW 716.5 billion to KRW 435.4 billion (due to error in COSMAX JAPAN balance)
COSMAX USA's total equity as of end-2025 was negative KRW 172.4 billion (fully capital-impaired) with a net loss of KRW 32.2 billion
Total debt guarantee balance including this guarantee is KRW 435.4 billion, equivalent to 71.1% of equity (KRW 612.3 billion)
KOSPI Filing Information
Filing: [Correction of Description] Decision on Debt Guarantee for Others