BlueOval SK Guarantee Reduced to 6.1 Trillion Won from 6.9 Trillion, Total Guarantees at 11.24 Trillion
The debt guarantee for BlueOval SK, LLC was reduced from 6,894,848,380,000 won to 6,121,094,000,000 won, a decrease of approximately 773.7 billion won (adjustment of ATVM Loan size due to completion of governance restructuring)
The previous debt guarantee of 178,937,500,000 won for BlueOval SK, Inc. was deleted
Total debt guarantee balance decreased from 12,190,530,326,008 won to 11,237,838,446,008 won, a reduction of 952.7 billion won
The ratio of guarantee amount to equity capital fell from 17.09% to 15.18%
Debtor is BlueOval SK, LLC; creditor is U.S. Department of Energy and U.S. Federal Financing Bank; guarantee period is from 2024-12-13 to 2040-07-15
KOSPI Filing Information
Filing: [Correction of Description] Decision on Debt Guarantee for Others (Major Management Matters of Subsidiary)