The state - run Korea Development Bank ( KDB ) said Thursday it is considering selling the European arm of STX Group as part of efforts to quicken the ongoing restructuring process of the financially troubled conglomerate . The largest creditor bank of South Korea ’ s 13 th - biggest conglomerate said it is preparing to sell STX Europe , although no detailed plans have been decided yet , according to the bank . In April , STX Offshore & Shipbuilding requested that the creditors supply liquidity in exchange for its voluntary debt - relief and restructuring efforts . The creditors plan to provide fresh liquidity worth about 2 . 15 trillion won ( $ 1 . 99 billion ) , leading the total volume of liquidity injection to reach nearly 3 trillion won . A debt - to - equity swap worth 700 billion won and capital reduction are also planned . Copyrights ⓒ Yonhap News [ 매일경제 모바일 서비스 | 페이스북 ] [ 매일 경제 구독 신청 ] [ 오늘 의 매일 경제 ] [ ⓒ Maeil Business Newspaper & mk . co . kr , All rights reserved ]