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Yoon's approval rating plunges to all-time low
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[From the Scene] Monks, Buddhists hail return of remains of Buddhas
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Medical schools granted enrollment quota flexibility for next year
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Yoon offers first one-on-one meeting with opposition leader next week
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Iran fires air defense batteries in provinces as sound of explosions heard near Isfahan
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[Graphic News] French bulldog most popular breed in US, Maltese most popular in Korea
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LG Uplus, one of the nation’s major telecom operators, denied a news report that it is seeking a loan amounting to $200 million.
“It is a totally groundless report,” said a spokesman for the telecom company, an affiliate of LG Group.
Quoting unnamed sources, Bloomberg reported that the Korean telecommunications and mobile phone operator has held discussions with banks for a two to three-year facility.
The news agency said the facility will be a loan-style floating rate note, a type of offshore loan typically arranged for Korean borrowers.
(jiyoon@heraldcorp.com)
“It is a totally groundless report,” said a spokesman for the telecom company, an affiliate of LG Group.
Quoting unnamed sources, Bloomberg reported that the Korean telecommunications and mobile phone operator has held discussions with banks for a two to three-year facility.
The news agency said the facility will be a loan-style floating rate note, a type of offshore loan typically arranged for Korean borrowers.
(jiyoon@heraldcorp.com)
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Articles by Korea Herald
![[From the Scene] Monks, Buddhists hail return of remains of Buddhas](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/04/19/20240419050617_0.jpg&u=20240419175937)
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