You are here

Singapore's next bond default looms in Pacific Andes tussle


SINGAPORE'S bond market may see its second default in as many months after creditors said that Pacific Andes Resources Development Ltd hasn't honoured some obligations on S$200 million of notes.

The Hong Kong-based firm said it received a letter from bond trustee HSBC

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom