What's in a name?

The near default of Hyundai Engineering and Construction highlights how little is left in the Hyundai name.
October 31, 2000

What is in a name? Not much, if you are a creditor of Hyundai Engineering and Construction, Korea's largest contractor. The company escaped defaulting on loans worth $21 million to its main creditor bank Korea Exchange Bank by just a few hours. It has to find a similar amount on Wednesday 1 November to pay debts that fall due then.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media