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Pacific Radiance gets noteholders' support for debt revamp

Following this, the firm said it would be seeking debt forgiveness and debt-to-equity swap of US$211m in bank loans

Singapore

PACIFIC Radiance's noteholders have granted the listed offshore support vessel group the vote needed to push through a debt restructuring plan.

On Friday, noteholders representing 94.28 per cent in value of those voting and present, voted...

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