Vallianz gets support to repay part of US$163m debt, lenders to get shared security package
Vallianz is restructuring its balance sheet to weather a multi-year sectorial downturn
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Singapore
OFFSHORE support vessel (OSV) owner-operator Vallianz Holdings has secured its lenders' support to push out repayment of some of the group's US$163.2 million borrowings.
The OSV-focused player and several of its subsidiaries had entered into a framework agreement with their lenders, a disclosure after Friday trading hours said.
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