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Noteholders split over Pacific Radiance's 'sweetened terms'

Firm improved options for equity swaps, issuing of new convertible bonds

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Published Thu, Jul 19, 2018 · 09:50 PM

Singapore

NOTEHOLDERS were divided in their reactions to Pacific Radiance's sweetened terms for the proposed restructuring of S$100 million notes maturing this August.

Some were convinced the updated proposal could be the best possible outcome for noteholders, but not everyone shared that view.

pacific radianceDebt restructuring

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