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SINGAPORE CORPORATE BONDS

Swiber's troubles show urgency is needed in fixing debt: consultancy

Thursday, August 11, 2016 - 05:50

Singapore

SINGAPORE'S offshore oil services companies and marine engineering firms are leaving it too late to reorganise finances to survive an industry slump, raising the risk of steep losses on their bonds, a debt restructuring consultancy said.

The lack of urgency means lenders

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