November 20, 2001 in Social Responsibility News

Debt Guarantee for Related Party

Board Committee Resolution
The management committee of Samsung Electronics Co., Ltd. authorized a total of KRW 47,470,766,129 in debt guarantee for SEF on Nov 19, 2001.

Details
SEF
- Debt guarantee: KRW 47,470,766,129 (renewal)
Guarantee period: 2001.10.31~2002.10.30
- Creditor: BFC, BNP, Credit du Nord, Credit Commercial de France, Societe
- Generale
- Total balance of guarantee: KRW 1,471,369,853,700
- Debt guarantee ceiling to SEF: KRW 29,752,093,800 (excluding the renewed guarantee)


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