[사진제공 = 쌍용차]– Ssangyong Motors, which recently showed an improvement in performance with the’All New Rexton’, which has garnered the topic with Lim Young-woong car, has met the reef of liquidity crisis.
On the 15th, Ssangyong Motor announced through a public announcement that it has delayed repaying the principal and interest of loans of about 60 billion won due to the deteriorating business situation. This fact was announced when the loan principal and interest were not repaid by the 14th, the original maturity date. JP Morgan, BNP Paribas, Bank of America Merrill Lynch, etc. The loan principal is 59.9 billion won and interest is 60 million won. This corresponds to 8.02% of Ssangyong’s equity capital of 749.2 billion won. An official from Ssangyong Motor said, “We are trying to extend the maturity with the lender due to insufficient reimbursement funds.” He explained.
In addition to 60 billion won, which is pursuing an extension of maturity, the maturity of 90 billion won borrowed from the Korea Development Bank by the 31st is also ahead. The maturity came in late July, but it has been extended for six months. The KDB decided to decide whether or not to extend the maturity of the loan after watching foreign financial institutions’ maturity extensions. The Korea Development Bank is in a position that the maturity extension is possible only after the sale of the stake of Mahindra, its major shareholder, is in progress.
[서동철 기자]
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