Bridging Loan (BL)

The lenders include BNP Paribas and the Singapore branch of CIMB Bank Berhad.

SINGAPORE (June 8): Pacific Radiance announced Thursday that it has been granted $85 million in loans under two government-backed financing schemes to help tide over the prolonged offshore and marine (O&M) industry downturn.

SINGAPORE (Nov 28): DBS Group Research says Pacific Radiance and Ezra Holdings are two SGX-listed oil and gas players under its coverage that will likely qualify for and benefit the most from government-backed relief for the sector.

SINGAPORE (Nov 28): Moody’s Investors Service Singapore says the latest support measures introduced by the Ministry of Trade and Industry (MTI) are credit positive for Singapore’s largest lenders, namely DBS Bank, Oversea-Chinese Banking Corp (OCBC),

SINGAPORE (Nov 25): The Ministry of Trade and Industry (MTI) will be introducing a scheme of support measures tailored specifically to help Singapore’s marine and offshore engineering (M&OE) industry address the “intensifying financing challenges” i