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Noteholder group seeks fairer terms in KrisEnergy's revamp

Open letter acknowledges financial restructuring efforts but says offer is "inequitable"
Tuesday, November 22, 2016 - 05:50

Singapore

KRISENERGY'S financial restructuring efforts have hit a roadbump. Some noteholders are demanding higher coupon rates and a shorter extension period, and also asking the company to commit itself to a more restrained and disciplined capital expenditure programme.

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