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AusGroup bondholders set terms for nod to debt issue's extension

They want their debt secured, early redemption of some bonds and slight improvement in coupon rates


AUSGROUP noteholders want their bonds secured and are seeking a "small" early repayment to give their nod to roll over for another two years the S$110 million debt issue that falls due next month.

The Business Times understands that these conditions were set during a "...

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