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RSS FeedsSouth Korea`s Daewoo Shipbuilding unlocks US$2.6 billion bailout after bondholder approval
(WorldNews South Korea)

 
 

19 april 2017 20:29:49

 
South Korea`s Daewoo Shipbuilding unlocks US$2.6 billion bailout after bondholder approval
(WorldNews South Korea)
 
South Korea`s Daewoo Shipbuilding & Marine Engineering Co Ltd has won near unanimous agreement from bondholders to swap their debt for equity, meeting a condition that unlocks a US$2.6 billion bank bailout for the world`s biggest shipbuilder. The name of Daewoo Shipbuilding & Marine Engineering Co is seen on a replica ship displayed at its building in Seoul, South Korea, March 24, 2017. ......


 
36 viewsCategory: General > Asia > South Korea
 
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