Swiber's JM says company unable to pay coupon due next week on S$160m notes
Anita Gabriel
DeeperDive is a beta AI feature. Refer to full articles for the facts.
BELEAGUERED Swiber Holdings is unable to make the coupon payment for its S$160 million notes which falls due on Oct 18.
The announcement was made by Swiber's judicial managers in relation to the 7.125 per cent fixed rate notes due in 2017.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result