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  • Deutsch Motors to increase short-term borrowing by W15b
    Deutsch Motors to increase short-term borrowing by W15b
    Deutsch Motors (067990) announced on Aug. 2 that it will increase its short-term borrowings by 15 billion won (US$13.51 million) to secure short-term liquidity in accordance with the increase in new car sales. This amounts to 24.9 percent of its equity capital.
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Deutsch Motors to increase short-term borrowing by W15b

Aug. 2, 2016 - 17:16 By 황유미
[DISCLOSURE] Deutsch Motors (067990) announced on Aug. 2 that it will increase its short-term borrowings by 15 billion won (US$13.51 million) to secure short-term liquidity in accordance with the increase in new car sales. This amounts to 24.9 percent of its equity capital.
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