South Korean creditors to provide 1.1 billion pounds support to Asiana Airlines
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SEOUL (Reuters) - South Korean creditors plan to provide 1.6 trillion won (1.1 billion pounds) of financial support to debt-laden Asiana Airlines to address the carrier's liquidity problems, the country's finance minister said on Tuesday.Asiana Airlines' top shareholder said earlier this month that it would sell its entire stake in the carrier, bowing to pressure from creditors who had rejected Asiana's earlier request for support of 500 billion won.Creditors now offered to buy perpetual bonds..