Get our introductory offer at only
*$0.99/month for first 3 months
$29.90/month for the next 9 months
AN event of default on a loan granted to PACC Offshore Services Holdings' (Posh) joint venture has triggered a cross default under a second loan facility by another lender to the joint venture.
Posh had announced that the 50 per cent-owned joint venture Posh Terasea was...