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Noteholders

Oil & Gas

KrisEnergy’s long suffering bondholders unhappy with proposals second restructuring since 2016

SINGAPORE (July 15): On June 19, KrisEnergy put up some proposals for discussion with its creditors. These creditors are DBS Bank which has provided the company with a revolving credit facility (RCF), Keppel Corp, through Zero Coupon Notes (ZCN), notehold

Ezra to meet noteholders on April 17

SINGAPORE (April 3): Ezra Holdings announced it will be convening an informal meeting with the noteholders on April 17 from 7.00pm to 9.00pm to update them on the company’s current position and provide further information following the group's filin

Rickmers Maritime defaults on interest payment for $100 mil note due Nov 15; suspends trading

SINGAPORE (Nov 15): Rickmers Maritime's trustee-manager announced that it will default on the interest payment of its $100 million note due Nov 15 and will suspend trading of its shares immediately.

Marco Polo Marine gets approval to restructure notes due on 2016

SINGAPORE (Oct 14): Marco Polo Marine, the embattled oil and gas services provider, announced that it has secured approval from the majority of noteholders to restructure its $50 million 5.75% fixed rates notes.

Swissco defaults on interest payment; suspends trading

SINGAPORE (Oct 12): Troubled oil and gas services company Swissco announced it will default on its interest payment to noteholders on Oct 16 and will suspend trading with immediate effect.
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