Debt Guarantee Reduced to 6.12 Trillion Won After BlueOval SK Restructuring (49.91% of Equity)
Following the completion of governance restructuring of its subsidiary BlueOval SK, LLC, SK Innovation reduced its debt guarantee for the DOE ATVM Loan from 6.89 trillion won to 6.12 trillion won, a decrease of 0.77 trillion won
The debt guarantee ratio relative to equity improved from 56.22% to 49.91%, enhancing financial soundness
Total outstanding debt guarantees decreased from 18.14 trillion won to 17.36 trillion won
The guarantee will be provided jointly with SK Innovation, with a period from December 13, 2024 to July 15, 2040
KOSPI Filing Information
Filing: [Correction of Description] Decision on Debt Guarantee for Others (Major Management Matters of Subsidiary)