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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
Tuesday, May 31, 2016 - 05:50

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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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