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Ezion dismisses basis of noteholder's request for early redemption

Published Mon, Sep 25, 2017 · 09:50 PM

Singapore

SINGAPORE's largest liftboat owner-operator Ezion Holdings, in an after-market announcement on Monday, refuted the basis cited by a noteholder to redeem his share of some S$120 million of medium term notes.

The request put forth to Ezion has relied on Condition 6 (i) of the Series 9 S$120 million notes that were backed by committed funding from DBS Bank.

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