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debt maturities
Nam Cheong announces over $300 mil in liabilities; mulls restructuring
SINGAPORE (April 24): Nam Cheong, the OSV builder has revealed the extent of “various obligations” owed to financial lenders and trade creditors that have fallen due, and that it expects to fall due.
April 24, 2017
Broker's Calls
Vibrant’s asset sale is good news, but more needs to be done: DBS
SINGAPORE (March 23): DBS Vickers Securities is positive on Vibrant Group’s recent asset sale transaction, but thinks the logistics firm still lacks the cash to perform the redemption of its upcoming bond maturities.
March 23, 2017