OFFSHORE and marine group Ezion Holdings has secured a US$1.5 billion lifeline from its six secured lenders, crossing another milestone in its months-long debt restructuring exercise.

EZION Holdings has secured a US$1.5 billion financial lifeline from its six secured lenders, crossing another milestone in its debt restructuring process.

FIRST Real Estate Investment Trust (First Reit) has secured up to S$400 million in syndicated secured financing facilities from OCBC Bank, its manager Bowsprit Capital Corporation announced on...

FIRST Ship Lease Trust (FSL Trust) has sold a chemical tanker for US$13.8 million to help cut its debt.

EDITORIAL

LAST week's announcement by offshore and marine (O&M) firm Ezion Holdings that it has secured a landslide vote to refinance about S$575 million worth of notes and perpetuals was significant...