14th Apr 2010 08:56
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Exchange
Disclosure date : April 12, 2010
Disclosure title : Guarantee of Debt Payment
1. Debtor : HMMC (Hyundai Motor Manufacturing Czech)
- Relationship to the Company : overseas subsidiary
2. Creditor : Citicorp International Limited
3. Debt Amount : KRW 561,600,000,000
4. Details of Guarantee
|
Guarantee Amount |
KRW 561,600,000,000 |
|
Shareholder's Equity |
KRW 22,029,023,000,000 |
|
Guarantee / Equity |
2.5% |
|
Duration of Guarantee |
April 12, 2010 ~ April 11, 2015 |
* The Company is a large business group as defined by the Monopoly Regulation and Fair Trade Act.
5. Total outstanding debt guarantee by HMC : KRW 5,496,721,000,000
6. BOD Decision :
|
Date of Decision |
Number of External Directors Present at the BOD Meeting |
Auditor Participation |
|
April 12, 2010 |
5 of 5 |
Yes |
7. Notes
A. This guarantee is for the overseas bond issuance by HMMC.
B. The above "Guarantee Amount" is based on exchange rate for April 12, 2010.
(1 USD : KRW 1,123.20)
C. The above "Duration of Guarantee" is five years from the BOD decision date. Actual duration will be five years from the issuance date.
D. The above "Total outstanding debt guarantee by HMC" does not include the current disclosure amount of KRW 561,600,000,000.
E. The below "Outstanding debt guarantee by debtor" is based on exchange rates for March 31, 2010.
Outstanding debt guarantee by debtor
|
Debtor |
Relationship to Company |
Guarantee Amount (KRW million) |
Duration of Guarantee |
|
Hyundai Merchant Marine |
Other |
187,216 |
00.03.31 ~ 20.03.31 |
|
Hyundai Capital |
Affiliate |
638,618 |
09.01.13 ~ 12.01.13 |
|
Hyundai Rotem* |
Affiliate |
290,118 |
05.11.01 ~ 20.02.13 |
|
HMA |
Overseas Subsidiary |
192,236 |
09.04.02 ~ 10.12.17 |
|
HMMA |
627,719 |
05.04.25 ~ 15.04.24 |
|
|
HCA (HMFC) |
849,271 |
01.08.24 ~ 12.10.28 |
|
|
HMI |
282,700 |
06.12.27 ~ 14.10.04 |
|
|
HME |
80,870 |
09.04.07 ~ 24.04.06 |
|
|
HMETC |
75,911 |
08.06.12 ~ 11.06.12 |
|
|
HMMR |
299,695 |
09.10.08 ~ 16.11.04 |
|
|
HMMC |
1,065,783 |
08.06.30 ~ 12.04.30 |
|
|
HMUK |
34,102 |
09.08.14 ~ 10.08.12 |
|
|
HMCIS |
120,985 |
09.07.20 ~ 10.11.21 |
|
|
HMJ |
24,354 |
10.02.26 ~ 11.02.28 |
|
|
HMES |
121,457 |
09.11.25 ~ 10.11.27 |
|
|
HMCI |
45,546 |
09.08.07 ~ 10.07.22 |
|
|
HMJ R&D |
6,697 |
09.05.23 ~ 10.05.22 |
|
|
HMP |
15,182 |
09.06.30 ~ 12.06.30 |
|
|
HT |
87,072 |
08.02.22 ~ 11.02.21 |
|
|
SMART |
135,696 |
09.06.30 ~ 11.07.31 |
|
|
HATCI |
22,616 |
09.09.18 ~ 10.09.17 |
|
|
Beijing Jingxian Motor Safeguard |
4,523 |
09.06.09 ~ 10.09.03 |
|
|
Beijing MT |
16,962 |
05.07.20 ~ 10.07.20 |
|
|
UTS* |
271,392 |
06.06.16 ~ 11.12.31 |
* Guarantee of contract execution.
Related Shares:
Hyundai Mtr.gdr