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High-risk sectors' maturing debts top 4 tln won in H2: data

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(Globalpost/GlobalPost)

SEOUL, July 1 (Yonhap) -- More than 4 trillion won (US$3.5 billion) worth of corporate debts held by three high-risk industries in South Korea are expected to come due in the second half, stoking fear that the ailing companies may not be able to make repayment due to the sluggish market, data showed Monday.

The amount of corporate bonds held by builders, shipping lines and shipbuilders here, that are due to mature in the July-December period, has reached 4.35 trillion won as of end-March, according to the data by local brokerage house Hi Investment

http://www.globalpost.com/dispatch/news/yonhap-news-agency/130701/high-risk-sectors-maturing-debts-top-4-tln-won-h2-data