Fact Source: Financial Supervisory Service DART
💡 Executive Summary
Hanwha Ocean resolved to share a USD 90M (approx. KRW 130.4B) portion of the debt guarantee provided by Hanwha Aerospace for borrowing by overseas affiliate Hanwha Futureproof Corp., proportional to its indirect ownership stake.
📊 [Key Disclosure Details & Financial Summary]
1. Overview & Board Resolution
- Title: Guarantee Sharing Arrangement
- Board Resolution Date: 2026-02-04 (5 independent directors attended, 0 absent)
2. Guarantee Sharing Details
- Borrower / Primary Guarantor: Hanwha Futureproof Corp. (HFP, overseas affiliate) / Hanwha Aerospace Co., Ltd.
- Lender Group: Hana Bank New York Branch, Shinhan Bank New York Branch, Woori Bank London Branch, KB Kookmin Bank London Branch
- Total Guarantee Amount by Hanwha Aerospace: USD 480,000,000 (USD 480M)
- Hanwha Ocean Shared Guarantee Amount: USD 90,000,000 (USD 90M / KRW 130,410,000,000)
- Applied FX Rate: USD/KRW = 1,449.00 (Base rate of Seoul Money Brokerage Services on 2026-02-04)
- Ratio to Equity: 2.7% (Equity: KRW 4,863,300,000,000 based on 2024 year-end consolidated financial statements)
- Guarantee Period: Until 2027-01-28
- Structure: In the event that HFP defaults on its debt and Hanwha Aerospace fulfills its indemnity obligation to the lenders, Hanwha Ocean is obligated to pay its shared guarantee amount to Hanwha Aerospace in proportion to its indirect stake.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Monitoring the Execution of Guarantee Sharing Obligations and Debt Repayment by HFP
This disclosure reports Hanwha Ocean’s board decision to share USD 90M (approx. KRW 130.4B) of the debt guarantee obligation undertaken by Hanwha Aerospace in connection with borrowing by overseas affiliate Hanwha Futureproof Corp. (HFP).
Verifying whether borrower HFP repays its borrowings as scheduled during the guarantee period (until January 28, 2027) without triggering default or indemnity payment obligations for Hanwha Ocean is important for assessing whether this arrangement results in actual financial liabilities for the company.
Progress and updates regarding guarantee commitments can be tracked through future official periodic filings, such as Quarterly, Semi-Annual, and Annual Reports, or subsequent disclosures.
📢 Disclaimer & Source Notice
Source: This content was newly structured and generated based on official filing data from the Financial Supervisory Service DART system.
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