{
    "success": true,
    "data": {
        "id": 1447685,
        "msgid": "daewoo-has-99b-in-loans-1447893297",
        "date": "1999-07-26 00:00:00",
        "title": "Daewoo has $9.9b in loans",
        "author": null,
        "source": "AFP",
        "tags": null,
        "topic": null,
        "summary": "Daewoo has $9.9b in loans SEOUL (AFP): South Korea's troubled Daewoo Group was saddled with US$9.9 billion in foreign currency loans substantiated by creditors at the end of June, officials said Saturday. It was the first official disclosure of overseas debt kept by Daewoo, which faces a potentially fatal liquidity crisis. Daewoo's overseas loans at the end of June included $6.84 billion extended by foreign banks to Daewoo's overseas entities, the Financial Supervisory Commission (FSC) said.",
        "content": "<p>Daewoo has $9.9b in loans<\/p>\n<p>SEOUL (AFP): South Korea&apos;s troubled Daewoo Group was saddled<br>\nwith US$9.9 billion in foreign currency loans substantiated by<br>\ncreditors at the end of June, officials said Saturday.<\/p>\n<p>It was the first official disclosure of overseas debt kept by<br>\nDaewoo, which faces a potentially fatal liquidity crisis.<\/p>\n<p>Daewoo&apos;s overseas loans at the end of June included $6.84<br>\nbillion extended by foreign banks to Daewoo&apos;s overseas entities,<br>\nthe Financial Supervisory Commission (FSC) said.<\/p>\n<p>Of $9.9 billion, $5.48 billion will mature before the end of<br>\nthis year, the commission said.<\/p>\n<p>The figure, however, excluded trade financing, the commission<br>\nsaid, adding Daewoo&apos;s total liabilities at home and abroad would<br>\nbe higher than estimated.<\/p>\n<p>The group&apos;s won-denominated debt was estimated at 60 trillion<br>\nwon ($50 billion).<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/daewoo-has-99b-in-loans-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}