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Rickmers Maritime calls EGM for note restructuring

Debt-to-equity swap to be tabled at Oct 31 EGM; noteholders offered S$500,000 special coupon repayment
Saturday, October 8, 2016 - 05:50


RICKMERS Maritime said before trading hours on Friday it is pressing on to seek unitholders' approval at an extraordinary general meeting (EGM) on Oct 31 for a debt-to-equity swap under a revised restructuring plan for S$100 million medium-term notes (MTNs) due in 2017.

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