Korea’s Homeplus, Meritz Tussle Over $67 Million Loan Terms
South Korean retailer Homeplus Co. is objecting to a condition tied to a roughly 100 billion won ($67 million) bridge loan from its largest creditor Meritz Financial Group, placing the...
By Haram Lim · Bloomberg Markets
South Korean retailer Homeplus Co. is objecting to a condition tied to a roughly 100 billion won ($67 million) bridge loan from its largest creditor Meritz Financial Group, placing the emergency funding at risk.