Ezion has some way to go in refinancing S$575m of securities
One sticking point is whether there really is 'no haircuts' for the holders; another is the equity of the swap option
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Singapore
EZION Holdings has more ground to cover if it wants to secure the greenlight for the refinancing of S$575 million of notes and perpetuals.
Those monitoring Ezion's communication with the holders of these securities are not convinced that the refinancing plan at hand comes as the company has claimed, with completely "no haircuts" for holders of these securities.
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