Singapore Bondholders Brace for Defaults as Easier Terms Sought

  • Ten Singapore-listed firms sought to loosen covenants in 2016
  • Bondholders can have ‘limited options,’ says Credit Suisse

Singapore Bondholders Brace for Defaults

Singapore dollar bondholders, already stung by the first default since 2009, face more companies struggling to meet the terms of their debt, after two oil and gas companies sought to extend maturities.

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