creditors

One man’s misery is another man’s fortune. As Covid-19 bites, investors may want to back debt collectors, says columnist Nirgunan.

SINGAPORE (Mar 11): With a steady build-up of public debt becoming increasingly held by private creditors, frontier markets (FMs) are outpacing their emerging market (EMs) counterparts to become more and more vulnerable to global financial shocks.

(Oct 9): Singapore is giving liquidators of insolvent companies a new tool to retrieve funds for bondholders and other creditors.

(May 22): Hyflux, the Singapore water treatment firm, is considering seeking a form of court protection to facilitate negotiations with creditors, people with knowledge of the matter said.

SINGAPORE (May 22): Hyflux, the Singapore water treatment firm, is considering seeking a form of court protection to facilitate negotiations with creditors, people with knowledge of the matter said.

SINGAPORE (Apr 13): Commodity trader Noble Group said on Thursday that more than 75% of creditors holding the majority of its senior debt have accepted its US$3.4 billion ($4.5 billion) restructuring plan.

SINGAPORE (Dec 21): Noble Group has obtained an extension on a waiver relating to the financial covenants in its committed unsecured revolving credit facility, which was due to mature today, to 18 May 2018.

(Nov 23): Singapore has made “a good start” in its bid to become a debt restructuring hub in the region, with six workout cases filed before its courts after it adopted U.S. Chapter 11-like incentives in local company laws this year, a senior governme

HONG KONG (June 16): Creditors of struggling commodity trader Noble Group have agreed to offer a lifeline by pushing back a repayment deadline on a crucial credit line until October, a source familiar with the matter said on Friday.

SINGAPORE (Dec 2): Swiber announced that its judicial managers have applied for and received an extension of time until March 23, 2017 from the Singapore High Court to send creditors a statement of proposals and summon a creditors’ meeting.