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Korea Builder Shinsegae to Sell Debt as Liquidity Woes in Focus

(Bloomberg) Korean builder Shinsegae Engineering & Construction Co. will raise 200 billion won ($149 million) from the sale of bonds as it seeks to shore up liquidity, just days after a competitor started debt restructuring. Most Read from BloombergYouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining NetflixBlinken’s Return From Davos Was Delayed After Plane Broke DownTrump Moves to Quash Hopes of Congress Ukraine, Border DealTrump Asks Supreme Court to Keep Him on Colorado BallotA

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Ailing builder Taeyoung receives 96% of support from creditors for debt restructuring

Troubled builder Taeyoung Engineering & Construction Co. has received 96.1 percent of support from creditors to move forward with a debt restructuring program, its main creditor said Friday. The level of support was higher than the 75 percent that Taeyoung was required to have for the debt rescheduling program, allowing the builder to postpone the repayment of its debts until April 11. Under the program, due dili.

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Gov t Vows Enhanced Monitoring of Real Estate PF Market

Gov t Vows Enhanced Monitoring of Real Estate PF Market
koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.

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Taeyoung Receives 96 Pct of Support from Creditors for Debt Restructuring

Taeyoung Receives 96 Pct of Support from Creditors for Debt Restructuring
koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.

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Taeyoung receives 96 pct of support from creditors for debt restructuring – The Korea Times

Taeyoung receives 96 pct of support from creditors for debt restructuring – The Korea Times
koreatimesus.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimesus.com Daily Mail and Mail on Sunday newspapers.

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