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Marco Polo seeks big haircut for S$50m notes

Wed, Oct 25, 2017 - 5:50 AM

Singapore

BELEAGUERED shipping services firm Marco Polo Marine is seeking noteholders' approval to take a big haircut and waive key obligations for a S$50 million series of 5.75 per cent notes due 2016.

The company is asking, among other things, that...

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