Friday, April 7, 2017

DSME further support the inner limb



[Korea Selected financial newspaper reporters] it seems to have a 360-degree debt restructuring Daewoo Shipbuilding and Marine Add to whether it supports the premise fits an important turning point in the next week.

Seven days, according to the financial industry, Daewoo shareholder and main creditor bank, Korea Development Bank and the scanning side of the Shipbuilding reportedly come to hold the 10th National Pension Service, Korea Post, including institutional investors presentations.

Daewoo pension holding the Korean corporate bonds 30% (390 billion won) did not make a conclusion on whether the July 31, held a twice Investment Board 5 twelve months, but financial, corporate questioned by Daewoo Shipbuilding and structures for such continuity adjustments acceptance.

Prior gotta have the debt restructuring of the stakeholders in the premise, according to additional support presented by the financial authorities last month. The commercial banks, sachaegwonja, and Article 2 should be all three requirements of lexical scanning line trying to meet through the national bank, Industrial Bank and the Export-Import Bank of 900 billion won-scale new funds are committed. Otherwise, it plans to plunge in the 'pre-packaged Plan (P Plan) "combines the court and workout.

Daewoo Shipbuilding union additional return was determined to wage blue-collar and white-collar employees subject to 10%.

Commercial banks will also soon submit a Letter of Commitment for the government support measures to the banking industry. Industrial Bank has decided to lower the interest rate to be permanent while the Export-Import Bank purchases equity in accordance with the requirements of commercial banks from 3% to 1%.

The last two are sachaegwonja such pension. Daewoo Shipbuilding & Marine Engineering sachaegwonja rally next month, 17 to 18 held five times a two-day total of 1.35 trillion won debt-for-equity swap scale corporate bonds 50%, and the remaining maturity dates of three years extended agenda.

The last six point the sachaegwonja rally ahead about ten days imjongryong Finance Chairman since scheduled an agreement of commercial banks dwaetgo have previously met with reporters Daewoo labor and management agreed shipbuilding in the 16th pin Tech Demo Day to attend the day held in Yeouido, 63 Building the final success or failure is determined and emphasized that "there sachaegwonja, especially institutional investors have.

Imjongryong chairman, and hoping to well finish the autonomous restructuring currently in progress, but not the P plan is inevitable, if not 'saying' Development Bank, Export-Import Bank of Korea, Daewoo ready Shipbuilding If you are preparing a P plan was virtually finished, and said.

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