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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.

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