A key creditor in deciding the future of DSME at crunch meetings next week has given hope of a deal among leading stakeholders.
As TradeWinds reported this week South Korea’s National Pension Plan’s actions at meetings next week will decide if a recapitalization goes ahead or the yard will seek court receivership and debt restructuring.
DSME’s major shareholder Korea Development Bank and the Export-Import Bank of Korea have pledged KRW 2.9