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KDB to extend $45 million credit line to help unload Hanjin cargo

September 22, 2016 by · Leave a Comment 

Korea Development Bank (KDB), the lead creditor of Hanjin Shipping Co Ltd said on Thursday it will offer a 50 billion won ($45 million) credit line to help Hanjin unload stranded cargo. The credit line is to be used only when all available funds from Hanjin Shipping, top shareholder Korean Air Lines, Hanjin Group's

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KDB to extend $45 million credit line to help unload Hanjin cargo