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Taeyoung's 400 creditors to seek resolution over shaky loans, project financing guarantees

About 400 creditors of the troubled local builder Taeyoung Engineering & Construction will seek the recovery of 1.37 trillion won ($1.05 billion) in shaky loans and project financing guarantees exceeding 9.18 trillion won on Jan. 11, state-run lender Korea Development Bank (KDB) said Monday. ....

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