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Corporate digest

Published Wed, Jan 30, 2019 · 09:50 PM

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ASL Marine Holdings

ASL Marine has received consent from bondholders to extend the maturity dates of their notes, among other changes. The notes are in relation to holders of the firm's S$100 million of originally 4.75 per cent notes due 2017, and S$50 million of originally 5.35 per cent notes due 2018.

For the 2017 notes, ASL Marine asked bondholders to extend the maturity by five years, to March 28, 2025, from a previously extended March 28, 2020. ASL Marine also sought to delay the maturity of its 2018 notes to Oct 1, 2026, from a previously extended Oct 1, 2021.

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