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Singapore bondholders brace for defaults as borrowers seek easier terms

Tuesday, July 19, 2016 - 05:50

Hong Kong

SINGAPORE dollar bondholders, already stung by the first default since 2009, face more companies struggling to meet the terms of their debt, after two oil and gas companies sought to extend maturities.

AusGroup Ltd and Otto Marine Ltd are among 10 Singapore-listed firms

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