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Swiber shares up on news of US$405m contracts

Firm says it has no problem paying off S$95m debt due June and is eyeing US$1.1b India deals

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A CONFIDENT Swiber Holdings is still aggressively going after new business while looking to pay down debt and strengthen its balance sheet. It intends to fully pay its S$95 million worth of bonds due in June this year and is considering doing a "term out" for its debt due 2016 and 2017.

Singapore

A CONFIDENT Swiber Holdings is still aggressively going after new business while looking to pay down debt and strengthen its balance sheet. It intends to fully pay its S$95 million worth of bonds due in June this year and is considering doing a "term out" for its debt due 2016

sentifi.com

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