Ezra and Swiber upbeat despite bond price fall
Both confident about ability to refinance debt; bond concerns' spillover effects seen unlikely
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
EVEN as bond prices for offshore marine players have fallen in tandem with crude oil prices, the hardest hit - Swiber and Ezra - are confident about their ability to refinance the debt and the continued support from their banks.
Meanwhile, the spillover effects to other corporate bonds are likely to be negligible, said industry observers.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
