Hyflux’s unsecured creditors likely to receive ‘small dividend’, liquidators say
SINGAPORE (THE BUSINESS TIMES) – The liquidators for water-treatment company Hyflux said on Thursday (Nov 18) that unsecured creditors, including medium-term noteholders, are likely to receive a “small dividend” following […]
As Evergrande default looms, what legal options do offshore creditors have?
LONDON/HONG KONG (REUTERS) – With China Evergrande Group’s default deadline drawing closer, offshore bond investors in the property developer are pondering their legal options to safeguard their investments. Below are […]
Oil trader GP Global Apac seeks debt moratorium in Singapore
SINGAPORE (REUTERS) – Oil trader GP Global Apac has applied to the Singapore High Court for a six-month debt moratorium as its parent company seeks to restructure more than US$1 […]