refinancing

SINGAPORE (Feb 7): Offshore & marine group Ezion Holdings says it has secured refinancing totaling to approximately US$1.5 billion ($2 billion) from its six secured lenders, namely: DBS, OCBC, UOB, Maybank, CIMB and Caterpillar Financial.

SHANGHAI (Jan 24): Strains are spreading in China’s US$15 trillion ($19.8 trillion) shadow banking industry as investors pull back from the debt-like savings products that helped drive leverage to dangerous levels.

SINGAPORE (Jan 5): OCBC Investment Research is maintaining its “hold” call on OUE Hospitality Trust on valuation grounds with a higher fair value estimate of 83 cents from 82 cents previously.

SINGAPORE (Jan 3): RHB is maintaining its “buy” call on OUE Hospitality Trust (OUE HT), while raising its target price on the REIT to 91 cents from 88 cents previously to factor in a cost of equity (COE) of -7.2% and 2% terminal growth for FY18F and F

HANOI (July 10): Vietnam’s surprise lowering of interest rates for the first time in three years may help to support economic growth, but raises credit risks in a nation still grappling with a hangover of bad debt.

NEW YORK (May 19): Asia’s yield-hungry investors have a lot riding on the financial engineers of Wall Street.

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.

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.

SINGAPORE (Feb 16): Singapore banks' problem with oil and gas services firms has just stepped up a notch.

SINGAPORE (Dec 20): DBS Group Research has an “underweight” rating on the Singapore REIT sector as it anticipates four interest rate hikes by the US Federal Reserve in 2017 alone.