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Pacific Radiance pegs direct equity swaps for notes at S$0.101
Add BT as a preferred sourcePublished Mon, Jun 18, 2018 · 09:50 PM
Singapore
PACIFIC Radiance has pegged the straight debt-to-equity swap option for holders of its S$100 million medium-term notes at a slight discount to its last traded share price.
On Monday, the offshore support vessel (OSV)-focused group tabled the terms for two options to restructure its S$100 million of notes at an informal meeting with its noteholders.
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