#Corporate Debt

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[Korean media building, stock] featured image - JoongAng Ilbo and JTBC Hit With Corporate Paper Defaults as Korea Media Faces...

June 20, 2026 (2 months ago)

JoongAng Ilbo and JTBC Hit With Corporate Paper Defaults as Korea Media Faces Liquidity Strain

Korea’s struggling media sector is facing fresh financial pressure after reports said JoongAng Ilbo has experienced a final default on commercial paper (CP) totaling about 22 billion won and JTBC has suffered a first-round default on its own corporate CP. The developments, described as linked to liquidity problems, underscore how declining ad demand and rising […]

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#Corporate Debt

JoongAng Ilbo and JTBC Hit With Corporate Paper Defaults as Korea Media Faces Liquidity Strain