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OCBC sees Ezra either deferring or defaulting on its notes redemption

It withdraws recommendation for Ezra's S$150 million notes maturing in 2018


BELEAGUERED Ezra Holdings, in tackling the complications from the impairment of its stake in its associate Emas Chiyoda Subsea (ECS) and the subsea unit's US Chapter 11 application, will at best defer, or at worst default, on its notes redemption, according to an OCBC Asia...

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