I found a very informative article for foreigners interested in Korean project financing market. Korean project financing deal is largely dominated by real estate development financing deal. The author addressed current situation and problem of Korean Savings banks regarding withering Korean project financing market. I have seen many bank clients considering extension of their project financing or ABCP terms due to the withering project-financing market and developers are seeking re-financing eagerly. Here is the original article.
© 2008 Wonil Chung, a Korean Financing Lawyer/Chung & Partners, a Korean Financing Law Firm. All rights reserved. Some copyrights, photos, icons, trademarks, trade dress, or other commercial symbols that appear on this post are the property of the respective owners.