Subscribers

Ezion dismisses basis of noteholder's request for early redemption

Singapore

SINGAPORE's largest liftboat owner-operator Ezion Holdings, in an after-market announcement on Monday, refuted the basis cited by a noteholder to redeem his share of some S$120 million of medium term notes.

The request put forth to Ezion has relied on Condition 6 (i) of the Series 9 S$120 million notes that were backed by committed funding from DBS Bank.

The condition tied to these notes maturing in 2020 extends the option to any noteholder to redeem his or her share of the notes issued in...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes