Shion
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I remember got an existing thread on this ???
Anyway:
Pacific Radiance begins talks with banks with view to debt restructuring
http://www.straitstimes.com/busines...gins-talks-with-banks-on-working-towards-debt
SINGAPORE - Mainboard-listed offshore and marine group Pacific Radiance has begun discussion with its bank lenders in relation to the review of the group's financial position and capital structure with a view to debt restructuring.
"The group and the bank lenders intend to work towards a consensual restructuring of the group's borrowings," it said in a pre-market filing on Friday (Sept 8).
The company trimmed its net loss in the second quarter ended June 30, 2017, by 86 per cent year on year to US$8.05 million on the absence of one-time impairment charges, though its offshore support services business contnued to see lower utilisation and charter rates.
Anyway:
Pacific Radiance begins talks with banks with view to debt restructuring
http://www.straitstimes.com/busines...gins-talks-with-banks-on-working-towards-debt
SINGAPORE - Mainboard-listed offshore and marine group Pacific Radiance has begun discussion with its bank lenders in relation to the review of the group's financial position and capital structure with a view to debt restructuring.
"The group and the bank lenders intend to work towards a consensual restructuring of the group's borrowings," it said in a pre-market filing on Friday (Sept 8).
The company trimmed its net loss in the second quarter ended June 30, 2017, by 86 per cent year on year to US$8.05 million on the absence of one-time impairment charges, though its offshore support services business contnued to see lower utilisation and charter rates.