You are here


Debt restructuring can be hurdle to O&M recovery

But legislative updates to the law if passed in time could give the sector more breathing space

Investors and financial institutions are also slowly waking up to the reality that, post-Swiber fallout, many O&M players are living only from hand to mouth.


MONTHS after Swiber Holdings threw in the towel and triggered a credit void in the embattled offshore & marine sector, industry players face the uphill task of restructuring their highly geared balance sheets or risk as analysts warned, not being able to hold out until the...

Market voices on: