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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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Troubled builder Taeyoung E&C files for debt workout

Speculation runs high that Taeyoung Engineering & Construction (Taeyoung E&C) is close to filing for corporate restructuring due to a liquidity crisis triggered by a soure. ....

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Financial authorities try to dispel market concerns as Taeyoung E&C applies for debt workout

Ailing builder Taeyoung Engineering & Construction applied for a debt-restructuring program Thursday to tide over a cash crunch, raising concerns over troubled peers in Korea.. ....

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Taeyoung E&C's workout application triggers alarm among lenders

Taeyoung Engineering & Construction filed for corporate debt restructuring, prompted by a failed payment of 48 billion won ($37 million) on a project financing debt due Thursday. ....

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SEOUL South Korea's Taeyoung Engineering & Construction said Thursday it has filed for a debt restructuring program, raising concerns about a b ....

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