2 Sentences With "putting up as collateral"

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On Monday, he appeared in court where he was released after posting a $5 million bond, putting up as collateral the homes he and his wife have in Bronxville, N.Y., and Manhattan.
Hanjin Group, the parent of Hanjin Shipping and its major shareholder Korean Air Lines, will raise 60 billion won by putting up as collateral stakes in overseas terminals such as Long Beach Terminal and other assets, while Hanjin Group chairman Cho Yang-ho will raise 40 billion won from private funds, the group said in a statement.

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