Independent journal on economy and transport policy
01:38 GMT+2
Daewoo Shipbuilding released from debt-workout program
(The Korea Herald)
August 24, 2001
Daewoo Shipbuilding and Marine Engineering (DSME) has become the first of the 12 Daewoo affiliates to be freed from the workout programs that began two years ago.
The company's main creditor, Korea Development Bank, said creditor institutions, which hold 99.4 percent of the loans, agreed to end the company's workout program as of yesterday, as they deemed ...... Read more on The Korea Herald
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