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Hyflux to meet bank lenders this week on debt restructuring

Move comes as various obligations owed to financial lenders, trade creditors have fallen due

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Hyflux and its subsidiaries have received letters of demand, notices of default(s), notices of acceleration of facilities, and reservation of rights letters from various counterparties, including its financial lenders.

Singapore

HYFLUX said on Monday that it is meeting with its bank lenders this week to discuss its debt restructuring.

Various obligations owed by Hyflux to financial lenders and trade creditors have fallen due, it said on Monday.

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