Homeplus has requested Meritz Financial Group and Korea Development Bank to join a 300 billion won ($225 million) DIP loan, aiming to resolve its liquidity crisis and implement restructuring plans.
#YonhapInfomax #Homeplus #DIPLoan #MeritzFinancialGroup #KoreaDevelopmentBank #LiquidityCrisis #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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Homeplus Requests DIP Loan Participation from Meritz and KDB

Homeplus has requested Meritz Financial Group and Korea Development Bank to join a 300 billion won ($225 million) DIP loan, aiming to resolve its liquidity crisis and implement restructuring plans.

Yonhap Infomax
Homeplus Co. has submitted a restructuring plan to the Seoul Bankruptcy Court, proposing asset sales and a 300 billion won DIP loan, and will begin detailed negotiations with creditors and its labor union.
#YonhapInfomax #Homeplus #RehabilitationPlan #DIPLoan #MBKPartners #StoreRestructuring #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99150
Homeplus to Discuss Details of Rehabilitation Plan with Creditors

Homeplus Co. has submitted a restructuring plan to the Seoul Bankruptcy Court, proposing asset sales and a 300 billion won DIP loan, and will begin detailed negotiations with creditors and its labor union.

Yonhap Infomax