SUBSCRIBERS
Corporate digest
Published Mon, Jul 6, 2020 · 09:50 PM
Vallianz
OFFSHORE support-vessel owner and operator Vallianz Holdings said it will exercise its rights to defer a distribution to perpetual securities holders that was due on Monday.
Vallianz had issued US$22.5 million worth of senior perpetual securities, carrying a 4 per cent coupon, as part of its S$500 million multi-currency debt-issuance programme.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.