debt restructuring

SINGAPORE (Mar1): Noble Group said a controversial debt restructuring was the only hope for survival after a US$4.94 billion ($6.55 billion) loss triggered a warning from its auditor that the commodity trader may not be able to continue operating.

SINGAPORE (Dec 15 ): Noble Group expects to soon receive a proposal from creditors on its debt restructuring, its chairman said, as the struggling commodities trader seeks to keep its business running.

SINGAPORE (Dec 8): Noble Group Ltd., the embattled commodities trader, faces several significant deadlines as it wrestles with a US$3.5 billion debt restructuring.

SINGAPORE (Nov 16): Marco Polo Marine’s debt restructuring plan has garnered the necessary majority vote from its scheme creditors.

(Nov 13): Noble Group, the commodity trader fighting for survival, lost support from one of its key banks as Singapore’s DBS Group Holdings cut lending, according to a person with knowledge of the matter. Shares fell.

SINGAPORE (July 25): Keith Kueh was expecting Pacific Andes Resources Development Ltd. to pay back the company’s bonds last year so he could finance his son’s college bill and his own retirement. Now it’s 18 months after the Singapore-listed fishing

SINGAPORE (Feb 24): CIMB Research is maintaining its “add” rating on Ezion Holdings with a raised target price of 45 cents from 44 cents previously, even as offshore service provider on Thursday reported a widening of new 4Q losses to US$66.6 million

SINGAPORE (Jan 25): Oceanus Group, the homegrown seafood supply chain manager, announced it has entered into a binding agreement with its key creditors for a proposed debt restructuring, converting 76.4% of its total outstanding debt to equity.

SINGAPORE (Nov 15): Singapore rig supplier Swissco Holdings is seeking court-supervised management, saying it is at an impasse with its major lenders on a proposed debt restructuring.

SINGAPORE (Oct 4): Singapore's junk-bond market is suffering its worst rout in at least four years as debt restructurings spread among shipping and oil-and-gas service companies.