Ezion 'in talks for new equity, claims no debt standstill'

Singapore

SINGAPORE'S largest listed liftboat owner-operator, Ezion Holdings, in a bid to reassure noteholders, is said to have advised that it is not tabling any standstill in debt repayment at present.

The group also confirmed to participants at noteholder's meetings held over the weekend that it is seeking "principal holiday" on its bank debts and that talks have been ongoing with potential equity investors.