Independent journal on economy and transport policy
08:12 GMT+2
Hanjin Shipping bondholders face huge losses
(YONHAP News Agency)
February 20, 2017
SEOUL, Feb. 20 (Yonhap) -- Bondholders of Hanjin Shipping Co., declared bankrupt last week, are feared to face up to 1.2 trillion won (US$1.05 billion) in losses, industry sources said Monday.
According to the sources, Hanjin Shipping's privately placed debt offerings were tallied at 939 billion won, while its publicly placed debt sale amounts to 250 billion won ...... Read more on YONHAP News Agency
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