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KrisEnergy won't redeem notes to conserve cash amid restructuring bid
Published Tue, Oct 22, 2019 · 09:50 PM
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Singapore
UPSTREAM oil and gas firm KrisEnergy on Tuesday said it has decided not to pay out the redemption amounts under its notes, as the debt-laden group needs to conserve cash while it works on a restructuring proposal.
These redemption amounts compr…
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