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PR Newswire
12-12-2016, 08:02 PM
http://infopub.sgx.com/FileOpen/KrisEner...eID=432597
In the end, bondholders agreed to extend the maturity to 2022 at a lower rate, getting themselves pushed behind the queue with the new preferential offering and DBS amending its terms for its revolving facility. The overcapacity continues and we kick the can down the road.
Very interested to see Ezra's case come start 2018. Will its bondholders do likewise and banks amend their credit facility?
In the end, bondholders agreed to extend the maturity to 2022 at a lower rate, getting themselves pushed behind the queue with the new preferential offering and DBS amending its terms for its revolving facility. The overcapacity continues and we kick the can down the road.
Very interested to see Ezra's case come start 2018. Will its bondholders do likewise and banks amend their credit facility?