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SWIBER FALLOUT

Oil and gas sector facing S$1b bond redemptions by next year

Fears of domino effect from Swiber's collapse piling up; issuers could face refinancing challenge: OCBC research

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With about S$1 billion in Singapore oil-and-gas bonds due by next year, fears are building that Swiber's collapse will trigger a domino effect on its peers.

Singapore

WITH about S$1 billion in Singapore oil-and-gas bonds due by next year, fears are building that Swiber's collapse will trigger a domino effect on its peers.

An OCBC Investment Research report also pointed out that with the bond markets shut to offshore marine issuers,