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22 September 2021 The on-line newspaper devoted to the world of transports 13:16 GMT+2

June 21, 2001

Daewoo Shipbuilding to repay W65 bil. of its debt

Daewoo Shipbuilding and Marine Engineering said yesterday it plans to make an early debt repayment totaling more than 65.4 billion won ($50 million) this month.

The shipyard gave creditors 30 billion won in March and agreed to repay 100 billion won in advance of the due date June 15.

If the company pays 65.4 billion won this month, its total debts will ......
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