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Gangwon Province to repay Legoland Korea developer's debt by Dec. 15

The main opposition Democratic Party of Korea (DPK) on Thursday called on Gangwon Province governor to step down over a debt default linked to the Legoland theme park project. ...

Seoul , Soult-ukpyolsi , South-korea , Gangwon , Kangwon-do , Iwon-jeil-cha , Chung-kwang-yeol , Gangwon-jungdo-development , Legoland-korea-resort , Korea-resort , Gangwon-province

Policymakers to hold emergency meeting on money market jitters

Korean Finance Minister Choo Kyung-ho plans to hold an emergency meeting with the country's central bank chief and top financial regulators on Sunday to discuss ways to rein in market jitters stemming from a default on debt linked to the construction of the Legoland theme park.

Seoul , Soult-ukpyolsi , South-korea , Gangwon , Kangwon-do , Korea , Kim-joo-hyun , Iwon-jeil-cha , Rhee-chang-yong , Lee-bok-hyun , Financial-supervisory-service , Financial-services-commission

Korea taking steps over default of Legoland theme park financing: finance minister

Finance Minister Choo Kyung-ho said Friday that the government is taking

Seoul , Soult-ukpyolsi , South-korea , Gangwon , Kangwon-do , Iwon-jeil-cha , Gangwon-jungdo-development , Legoland-korea , Minister-choo-kyung-ho , Jeil-cha , Legoland

Default of Legoland project financing feared to jolt financial markets

As uncertainties stemming from a default in project financing (PF) for the construction of a Legoland amusement park in Gangwon Province add to woes in the domestic bond market, Korea's top financial regulator said it will inject 1.6 trillion won ($1.1 billion) into the debt market, while ensuring additional liquidity to cover short-term loans.

South-korea , Daishin , Kangwon-do , Gangwon , Korea , Kim-joo-hyun , Iwon-jeil-cha , Samsung , Financial-services-commission , Gangwon-jungdo-development-corp , Korea-financial-telecommunications-clearings-institute , Legoland-korea

Iwon Jeil Cha company that funded the construction of LEGOLAND Korea Resort declared bankruptcy

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