Monday, September 5, 2016

"Hanjin Shipping Rebounds As Creditors Talk Of Funding Support Again"

From Barron's Asia Stocks to Watch:

As Hanjin Shipping (117930.Korea) tries to prevent its ships, which reportedly carry $14.5 billion worth of cargoes, from being seized at ports around the world, the Korean container shipper’s creditors are talking about a funding rescue again.


Reuters reported the government-backed creditors are
ready to provide Hanjin Shipping with about $90 million of

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