The Korea Herald

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Hanjin Shipping to lend W22.5b to Long Beach affiliate

By KH디지털2

Published : Oct. 21, 2016 - 10:19

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[DISCLOSURE] Hanjin Shipping (117930) said on Oct. 20 that it has decided to lend 22.5 billion won (US$19.8 million) to its affiliate in Long Beach, California, Total Terminals International LLC. 

The deal amounts to 2.87 percent of the firm’s equity capital.

By Jung Min-kyung (mkj1105@heraldcorp.com)