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Swiber, Pacific Radiance up next for debt revamp

One option under consideration calls for extending the repayment tenure of the bank loans to as long as 15 years

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Banks have cracked on with restructuring of the outstanding loans on the highly-geared balance sheets of listed companies Swiber Holdings and Pacific Radiance.

Singapore

BANKS have cracked on with restructuring of the outstanding loans on the highly-geared balance sheets of listed companies Swiber Holdings and Pacific Radiance.

The pair of listed offshore and marine (O&M) players are said to be the next in line for refinancing

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