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04 June 2020 The on-line newspaper devoted to the world of transports 07:21 GMT+2

January 4, 2002

Creditors Grant W500 Bil. to Hyundai Merchant

Creditors of cash-strapped Hyundai Merchant Marine (HMM) decided to provide the firm with a total of W500 billion in bailout funds before the end of this month. According to sources from the government and creditors Thursday, the creditor banks held a meeting recently and agreed to inject the funds into the shipping service company through the firm's issuance ......
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