SK Gas Renews Debt Guarantee of KRW 781.8 Billion for SK Gas Trading LLC
SK Discovery's subsidiary SK Gas has decided to renew a debt guarantee of KRW 781.8 billion to secure credit lines for SK Gas Trading LLC (SKGT), a subsidiary of its US entity SK Gas USA Inc., for its trading operations.
The guaranteed amount is KRW 781,820,000,000, representing 24.86% of SK Gas's equity (KRW 3,144,548,995,496).
Creditors include Mizuho Bank (LA), SMBC Bank (NY), Woori Bank (NY), KEB Hana Bank (LA), and KB Kookmin Bank (London), with the guarantee period from June 7, 2026 to June 6, 2027 (Woori Bank until June 4).
After this renewal, SK Gas's total outstanding debt guarantees amount to KRW 2,973,452,615,400.
SKGT's financials as of end-2025: total assets KRW 181.8 billion, total liabilities KRW 124.8 billion, net profit KRW 15.1 billion, indicating sound financial health.
KOSPI Filing Information
Filing: Decision on Debt Guarantee for Others (Major Management Matters of Subsidiary)