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Swiber's JM says company unable to pay coupon due next week on S$160m notes

Wednesday, October 12, 2016 - 22:19
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BELEAGUERED Swiber Holdings is unable to make the coupon payment for its S$160 million notes which falls due on Oct 18.

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.

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