Daewoo Shipbuilding & Marine Engineering's Third Round of Restructuring Is Credit Negative for KDB and KEXIM
ISSUER COMMENT BANKING APRIL 24, 2017 Daewoo Shipbuilding & Marine Engineering’s Third Round of Restructuring Is Credit Negative for KDB and KEXIM From Credit Outlook Last Tuesday, Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME, unrated) disclosed that its bondholders had agreed to measures proposed under the third round of DSME’s restructuring. The agreement means that its two p
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