Swiber, Pacific Radiance up next for debt revamp
One option under consideration calls for extending the repayment tenure of the bank loans to as long as 15 years
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Singapore
BANKS have cracked on with restructuring of the outstanding loans on the highly-geared balance sheets of listed companies Swiber Holdings and Pacific Radiance.
The pair of listed offshore and marine (O&M) players are said to be the next in line for refinancing consideration after banks here helped bail out Ezra Holdings' then expiring bond issue in March.
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