HMM may issue ABS to refinance debts
Creditor banks of Hyundai Merchant Marine will likely discuss
a plan to partially refinance the company's debt via 500 billion
won in an asset-backed securities issue, according to a source
at creditor banks.
Leading creditor Korea Development Bank also plans to roll over
100 billion won of bridge loans it extended to Hyundai Merchant
Read more on The Korea Herald