DN AUTOMOTIVE Extends Debt Guarantee for Mexican Subsidiary by KRW 63.1 Billion
DN AUTOMOTIVE decides to extend its debt guarantee for affiliate DN AUTOMOTIVE MEXICO S.A. DE C.V. by one year, covering a loan of KRW 52.6 billion from Citibank with a guarantee limit of KRW 63.1 billion (2.58% of equity)
Guarantee period from May 24, 2026 to May 24, 2027; board resolution on May 22, 2026
Total outstanding guarantee balance reaches KRW 217.7 billion, including limits for seven overseas affiliates
Debtor DN AUTOMOTIVE MEXICO reported 2025 revenue of KRW 214.4 billion and net profit of KRW 5.9 billion, turning to profit from prior year