LX International Approves 120 Billion Won Loan for Subsidiary

MT Newswires Live08-12

LX International (KRX:001120) has approved a 120 billion won loan facility for its subsidiary, Poseung Green Power.

The five-year loan carries a 4.60% interest rate and is scheduled to commence on Aug. 28, with the facility set to decrease in line with principal repayments by the borrower, according to a bourse filing on Wednesday.

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