Hanjin Shipping Bonds Tumble as Creditors Await Restructuring

  • Notes hit record low in Seoul trading after receivership news
  • Company flagged liquidity crunch in 4Q15 amid industry slump

What's Needed to Turn the Shipping Industry Around?

Hanjin Shipping Co.’s local-currency bonds fell to record lows after South Korea’s biggest container liner sought court protection as creditors balked at extending more financial aid amid an industry slump.

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