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2 local banks among Marco Polo noteholders giving the nod for revamp

Published Fri, Oct 14, 2016 · 09:50 PM

Singapore

TWO local banks are among the noteholders that support the restructuring of Marco Polo Marine's S$50 million medium term notes (MTN) that are maturing this month.

Marco Polo chief executive Sean Lee told The Business Times that institutional investors including the two banks hold over 50 per cent of the notes.

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Companies & Markets

Companies & Markets

2 local banks among Marco Polo noteholders giving the nod for revamp

KEYWORDS IN THIS ARTICLE

Companies & Markets

Dasin Retail Trust trustee-manager chairman, directors deny allegations of misconduct

Microsoft adds security chiefs to product groups in wake of hacking woes

Singapore shares climb at Friday’s open; STI up 0.2%

A timeline of DBS’ recent banking glitches

Keppel Infrastructure Trust posts 29.1% lower Q1 distributable income

Elite Commercial Reit’s Q1 DPU down 21.2% to £0.0067

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