News
11 September 2020

Asiana sale falls through

Region:
Asia-Pacific

A KRW2.5 trillion ($2.1 billion) sale of troubled Asiana Airlines to an HDC Hyundai Development-led consortium has failed. Asiana reported operating losses of KRW268 billion for H2 2020 and is KRW11.5 trillion in debt. Korea Development Bank and Kexim are Asiana’s largest creditors. They...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Interview
02 April 2026

KEXIM adapts to support the project cycle

TXF spoke with Sang-Jin Ju, KEXIM’s executive director of project finance, to outline the ECA’s activity and how its adapting support to Korean EPCs in overseas PPP markets...

Video
07 April 2026

Crisis in the Gulf: Sullivan & Worcester on trade under...

TXF speaks to Sullivan & Worcester partner Robert Parson about trade disputes, credit escalation and the flight to size as the crisis in the Gulf continues.