Bond market quiet in O&M sector
Some firms turn to other fund-raising methods as bond yields rise amid fear of fallout from prolonged oil slump
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Singapore
THE bond market in Singapore might have picked up overall but one corner has remained forlornly silent since the year began.
In the offfshore and marine (O&M) sector, no companies have tapped the local bond market since November last year. Instead, some have turned to other fund-raising methods amid climbing bond yields as investors grow wary of the potential fallout from a prolonged slump in crude oil prices.
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