News
11 March 2020

Korea's Heung-A Shipping plans debt restructuring

In:
Transport
Region:
Asia-Pacific

South Korea’s Heung-A Shipping is expected to roll out a corporate workout programme amid its tanking maritime cargo operations and growing piles of debt, a regulatory filing has revealed.The company’s board has approved a debt restructuring scheme by Korea Developemnt Bank, one of its...

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