Kumho Engineering & Construction Co. secured 42 billion won ($30.8 million) in liquidity by selling REITs shares and entering a price return swap, as the company seeks to strengthen its financial position amid sector-wide funding pressures.
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Kumho E&C Secures 42 Billion Won in Liquidity Through REITs-Backed Price Return Swap
Kumho Engineering & Construction Co. secured 42 billion won ($30.8 million) in liquidity by selling REITs shares and entering a price return swap, as the company seeks to strengthen its financial position amid sector-wide funding pressures.