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Swiber expected to call S$75m four-year bonds

Firm requested trading halt on July 4, two days before its second bond deadline in 2016

Published Thu, Jul 7, 2016 · 09:50 PM
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Singapore

SWIBER Holdings was expected to call before Thursday this week the S$75 million of 7 per cent, four-year bonds that have matured on July 6.

The Singapore-listed offshore marine counter has called for a trading halt on July 4, just two days prior to its second bond deadline in 2016.

Informed sources told The Business Times that the listed company is believed to have lined up the required finances to redeem in full the S$75 million multi-currency medium term notes.

Among those cited to be extending funding support is DBS Bank, also said to be the compan…

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