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Ezion sweetens proposal for holders of its notes, perpetuals

It has thrown in extras too for investors who opt to convert securities to shares; deal is a "fair, negotiated outcome"

Tue, Oct 24, 2017 - 5:50 AM

Tan Hwee Hweebtnews@sph.com.sg@HweetanBT

Singapore

EZION Holdings has sweetened the proposals on the table for holders of S$575 million of medium-term notes and perpetuals ahead of a consent solicitation exercise (CSE) lined up for Nov 20.

The liftboat-focused owner-operator has lowered the minimum or floor price for...

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