Ezion unitholders vote overwhelmingly in support of refinancing $575 mil of notes and perpetuals

SINGAPORE (Nov 20): Holders of six series of notes and perpetual securities have voted overwhelmingly in support of Ezion Holdings' proposal to push out maturity of and cut coupon rates on some $575 million securities.

Ezion suspends shares, seeks restructuring

Ezion disclosed after the trading close on Monday that between 93.5% and 98.82% of holders of Series 3 to Series 7 notes and Series 8 perps present at Monday's consent solicitation exercise voted in favour of its proposal to push out maturity of these securities and cut coupon rates on them.

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