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More firms likely to seek easing of debt covenants next year
Last quarter of 2015 sees several firms initiating negotiation with investors for easier tems
Published Tue, Dec 15, 2015 · 09:50 PM
Singapore
MORE companies next year are likely to ask bondholders to relax financial convenants as the economy gets more challenging, said a fixed income banker.
In the last quarter of 2015, several companies have begun negotiating to "loosen their convenants", said Tan Kee Phong, …
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