extension

Cosco and jackup rig owner agree to extend delivery deadline

SINGAPORE (Jan 6): Cosco Corporation Singapore announced on Friday that Cosco Dalian Shipyard, a unit of Cosco’s 51% subsidiary Cosco Shipyard Group, has agreed to extend the delivery date of a jackup drilling rig from March 30, 2017 to March 30, 2018.

AusGroup faces delay in obtaining ministerial consent on bond extension

SINGAPORE (Dec 23): AusGroup has announced a potential event of default in relation to the restructuring of its $110 million medium-term notes (MTN), which were originally due in October 2016.

AusGroup gets over 98% vote from noteholders for debt restructuring

SINGAPORE (Oct 6): AusGroup said on Thursday that its noteholders voted in favour of restructuring the group’s debt under its medium term note programme.
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