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FACTBOX-S.Korea to place 14 firms in banks-led restructuring
Reuters - 47 minutes ago
Jan 20 - South Korean lenders will place 14 companies in a creditor-led rehabilitation programme, while ending support to a shipbuilder and an unlisted construction firm, a bank association said on Tuesday.
Following is the list of the 16 companies jointly picked by 14 creditor banks.
*ENDING BANKING SUPPORT
- C&Heavy Industries <008400.KS>
- Daejoo Construction Co Ltd
** CREDITORS-LED RESTRUCTURING
- Keangnam Enterprise <000800.KS>
- Poonglim Industries <001310.KS>
- Woolim Construction
- Samho International <001880.KS>
- World Construction
- Dongmun Construction
- Isu Engineering & Construction
- Daedong Construction
- Lotte Engineering & Machinery MFG,
- Samneung Construction
- Shinil Engineering Co Ltd <014350.KS>
- Daehan Shipbuilding
- Jinse Shipbuilding
- Nokbong Shipbuilding
(Reporting by Kim Yeon-hee and Shin Jieun; Editing by Keiron Henderson)
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