
Bondholders skeptical of Daewoo Shipbuilding’s rescue plan
The National Pension Service and the country’s major institutional investors are crying foul over the latest rescue package for embattled Daewoo Shipbuilding & Marine Engineering Co.
Report: Hanjin’s Bondholders to Suffer Big Losses
Bondholders of the former South Korean shipping company Hanjin Shipping, which was officially declared bankrupt on February 17, could experience losses of up to KRW 1.2 trillion (USD 1.05 billion),Yonhap News Agency cited industry sources as saying.
Bondholders Okay HMM’s Debt-for-Equity Plan. Next Step The Alliance
Bondholders of cash-strapped Hyundai Merchant Marine (HMM) have approved the company’s debt-for-equity swap deal, the company confirmed in a stock exchange filing.
HMM one step closer to survival as bondholders approve restructuring
Cash-strapped Hyundai Merchant Marine (HMM) moved another step further towards avoiding court receivership with...