You are here
Swiber's JM says company unable to pay coupon due next week on S$160m notes
PHOTO: ST FILE
BELEAGUERED Swiber Holdings is unable to make the coupon payment for its S$160 million notes which falls due on Oct 18.
The announcement was made by Swiber's judicial managers in relation to the 7.125 per cent fixed rate notes due in 2017.