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Ezion proposes scheme of arrangement to address US$740m debt
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Anita Gabriel
Published Wed, Mar 4, 2020 · 09:50 PM
Singapore
TROUBLED Ezion Holdings may be beaten down but unlike many offshore and marine (O&M) peers, it is not quite out for the count.
On Wednesday, the operator of liftboats and jack-up rigs proposed a scheme of arrangement to tackle US$740.9 million of unsecured and unsustainable debts as well as bonds.
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