Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
This filing is a correction disclosure confirming the official start and end dates of the debt guarantee provided by Hanwha Ocean for the new loan of its U.S. affiliate, Hanwha Philly Shipyard Inc.
📊 Key Filing Details & Key Figures Summary
1. Correction Details & Reason
- Original Disclosure: Decision on Debt Guarantee for Others (Originally Filed: September 29, 2025)
- Reason for Correction: Confirmation of the debt guarantee period
- Corrected Item: Specification of the guarantee period start date (October 10, 2025) and end date (October 10, 2026)
2. Key Terms of Debt Guarantee
- Debtor: Hanwha Philly Shipyard Inc. (Relationship: Affiliate)
- Creditor: BBVA, Singapore Branch
- Debt (Borrowing) Amount: KRW 127.04B (USD 90.00M)
- Guarantee Amount: KRW 139.75B (USD 99.00M, 110% of the loan amount)
- Total Equity: KRW 4.86T (Based on consolidated financial statements as of year-end 2024)
- Guarantee Ratio to Equity: 2.9%
- Confirmed Guarantee Period: October 10, 2025 ~ October 10, 2026
- Total Debt Guarantee Balance: KRW 659.73B (Excludes this new guarantee amount)
- Board Resolution Date: September 29, 2025 (4 Outside Directors present, 1 absent)
3. Other Key Reference Information
- Applicable Foreign Exchange Rate: KRW/USD = 1,411.60 (Seoul Money Brokerage base rate on September 29, 2025)
- KRW-denominated amounts are subject to fluctuation depending on exchange rate movements
- Debtor Financial Summary (Hanwha Philly Shipyard Inc. for 2024): Total Assets KRW 296.80B / Total Liabilities KRW 498.24B / Total Equity KRW -201.44B / Revenue KRW 496.70B / Net Loss KRW 192.30B
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Status of Affiliate Debt Guarantee and Outstanding Balance Changes
This corrected filing officially confirms the guarantee period for the loan provided to affiliate Hanwha Philly Shipyard Inc. Verifying the expiration date of the guarantee and tracking changes in the total outstanding guarantee balance is important for understanding the company’s overall guarantee commitment level. Relevant debt guarantee balances and specific execution details can be reviewed in upcoming Quarterly Reports, Half-Year Reports, Annual Reports, or subsequent official disclosures.
📢 Disclaimer & Source Information
Source: This content was structured and newly written based on officially submitted data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
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