Samsung 1999 Annual Report Download - page 59

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11. Long-Term Debt:
Long-term debt at December 31, 1999 consists of the following:
Reference Thousands of Korean Won
Won currency loans ( A ) 272,833,344
Foreign currency loans, in Won equivalent ( B ) 1,587,280,784
Debentures ( C ) 2,170,587,972
4,030,702,100
Less: current maturities (1,097,273,010)
2,933,429,090
(A) Won currency loans at December 31, 1999 consist of the following:
Annual Interest Rates (%) Thousands of Korean Won
Hanvit Bank 5-6.5 1,624,515
Korea Development Bank 8-9.65 224,109,000
Kookmin Bank 6.5-12.45 28,975,527
Korea Technology Banking Corporation 6.5 18,041,302
Samsung Card Co., Ltd. 6.5 83,000
272,833,344
(B) Long-term debt denominated in foreign currencies at December 31, 1999 consists of the following:
Annual Interest Rates (%) Thousands of U.S. Dollars
ING LIBOR + 0.45 $ 8,533
Citibank, N.A. LIBOR + 0.6 181,222
Korea Development Bank 7.6 or
LIBOR + 0.4-0.5 618,371
Korea Exchange Bank LIBOR + 0.375 56,667
Hanvit Bank LIBOR + 0.45 20,000
Bank of Seoul LIBOR + 1 8,606
Korea Development Leasing Corporation and others LIBOR + 0.65-1.1 492,388
U.S. Dollar equivalent of foreign currencies $ 1,385,787
Won equivalent (in thousands) 1,587,280,784
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