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Ezra trading suspension leeway bound by MTN clause: market watchers

Tuesday, March 7, 2017 - 05:50

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Ezra Holdings is bound by a clause tied to its outstanding medium term notes (MTN) not to enter into a trading suspension exceeding a specified period even though its offshore support vessel-focused subsidiary, Emas Offshore Limited (EOL), has taken the suspension route on both the Singapore and Oslo exchanges, say market watchers.

Singapore

EZRA Holdings is bound by a clause tied to its outstanding medium term notes (MTN) not to enter into a trading suspension exceeding a specified period even though its offshore support vessel-focused subsidiary, Emas Offshore Limited (EOL), has taken the suspension route on both

sentifi.com

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