SUBSCRIBERS
Courts Asia seeks to loosen debt covenants on 2019 notes
Published Wed, Mar 7, 2018 · 09:50 PM
Singapore
COURTS Asia is seeking to loosen some covenants on its S$75 million, 5.75 per cent Series 002 notes and has commenced a consent solicitation exercise on Wednesday.
The notes were issued in March 2016 and mature on March 15, 2019.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Porsche posts Q1 profit drop on ramp-up costs
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly