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Broker's Calls
These 2 O&M stocks are exposed to the Seadrill fallout. Which to buy?
SINGAPORE (Sept 14): CIMB Research is maintaining its “neutral” call on the local offshore & marine (O&M) sector after Seadrill filed for Chapter 11 restructuring in the US.
September 14, 2017
Singtel signs $4.1 bil worth of credit agreements in Singapore & Australia
SINGAPORE (April 21): Singtel Group says its subsidiaries have entered into agreements for total credit facilities of approximately $4.1 billion in Singapore and Australia, for general corporate purposes and refinancing of existing facilities.
April 21, 2017
CITIC Envirotech secures up to RMB20 bil credit facilities from China Merchants Bank
SINGAPORE (April 10): CITIC Envirotech, the membrane technology-based integrated environmental solutions provider, has secured credit facilities of up to RMB20 billion ($4.1 billion) for five years to finance projects in the water and environmental sector
April 10, 2017
New Silkroutes’ IEG expects to exceed FY17 revenue target of US$225 mil
SINGAPORE (Aug 24): International Energy Group (IEG), the oil and gas unit of New Silkroutes Group (NSG), says it is on track to generate revenue of more than US$225 million ($304.4 million) by end FY17.
August 24, 2016
Noble Group set to clinch US$3 bil credit facilities
SINGAPORE (May 10): Noble Group is set to clinch about US$3 billion in bank credit facilities, sources close to the matter said, but it will have to offer the highest interest rate it has ever paid as lenders are wary after its ratings downgrades to junk
May 10, 2016