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Noteholders split over Pacific Radiance's 'sweetened terms'
Firm improved options for equity swaps, issuing of new convertible bonds
Published Thu, Jul 19, 2018 · 09:50 PM
Singapore
NOTEHOLDERS were divided in their reactions to Pacific Radiance's sweetened terms for the proposed restructuring of S$100 million notes maturing this August.
Some were convinced the updated proposal could be the best possible outcome for noteholders, but not everyone shared that view.
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