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Goodpack fails to get waiver for Series 6 notes

Hitch not expected to disrupt acquisition by KKR

Mr Lam: He and his holding company have already put up irrevocable undertakings to vote in the deal's favour. - FILE PHOTO

LOCAL logistics packaging company Goodpack has succeeded in having the holders of all but one of its bonds agree to waiving certain conditions that would be non-compliant as a result of the acquisition by KKR. Goodpack has had six series of notes under its $600 million multi-currency medium-term