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ASL Marine sets out restructuring terms over S$150m debts

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Shipbuilder and vessel charterer ASL Marine on Thursday sought an extension from bondholders of two note issues due soon that are worth S$150 million in all - with a loan facility hinging on the bond restructuring.

Singapore

SHIPBUILDER and vessel charterer ASL Marine on Thursday sought an extension from bondholders of two note issues due soon that are worth S$150 million in all - with a loan facility hinging on the bond restructuring.

In turn, ASL Marine will progressively step up on the

sentifi.com

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