Someone can correct me if I'm wrong but my interpretation of this Ann is they are aiming for 80% of the debt to be backed by govt export credit agencies which we already have $1.4B for and the remaining 20% is from banks which would be around $300k.
This would make the total debt to equity ratio around 80% and leaving another $400k(maybe more) to be raised by equity (NRF / prepayments(LG, POSCO, GM) or some other help from big brother/s).
Ann: Debt Finance Update, page-15
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