KDB Korea Development Bank Demands Full Support for Taeyoung Engineering & Construction Due to Unfulfilled Promises and Financial Vulnerability

KDB Korea Development Bank Demands Full Support for Taeyoung Engineering & Construction Due to Unfulfilled Promises and Financial Vulnerability

[비즈니스포스트] KDB Korea Development Bank, Taeyoung Engineering & Construction’s main creditor bank, demanded that Taeyoung Group support Taeyoung Engineering & Construction with the entire proceeds from the sale of its affiliates. On the 5th, the Korea Development Bank issued a press release titled ‘Creditors’ Position on Taeyoung Group’s Press Release’, saying, “As Taeyoung Group confirmed … Read more

Taeyoung Construction’s Credit Rating Downgraded, Impact on Securitized Securities

Taeyoung Construction’s Credit Rating Downgraded, Impact on Securitized Securities

[딜사이트 김현진 기자] As Taeyoung Construction applied for a workout, it appears that the fallout will also affect securitized securities. As credit rating agencies downgrade Taeyoung Construction’s credit rating, the credit ratings of securitized securities are also being downgraded one after another. According to the construction industry on the 2nd, Korea Credit Rating lowered the … Read more

Choi Sang-mok vows to expand market liquidity to respond to Taeyoung Construction: First F4 meeting since taking office

Choi Sang-mok vows to expand market liquidity to respond to Taeyoung Construction: First F4 meeting since taking office

Choi Sang-mok presides over the first F4 meeting since taking office, saying, “We may expand liquidity to respond to Taeyoung Construction” height=”300″ src=” width=”600″ /> ▲ New Deputy Prime Minister and Minister of Strategy and Finance and economic and financial leaders met on the 29th. A commemorative photo is being taken at a meeting on … Read more