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Seojin System Board Approves KRW 156 Billion Debt Guarantee for Affiliate
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Seojin System Board Approves KRW 156 Billion Debt Guarantee for Affiliate
  • Seojin System’s board resolved on Oct. 28, 2026, to provide a KRW 156 billion debt guarantee for affiliate Texon Securitization Fourth.
  • The guarantee covers a KRW 130 billion asset-backed loan backed by subsidiary Texon’s future receivables to fund semiconductor equipment expansion.
  • Coverage runs from Oct. 29, 2026, through May 3, 2028, representing 15.25% of equity.
  • Total outstanding debt guarantees, including this transaction, stand at KRW 782.33 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seojin System Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261028900699), on October 28, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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