DBS Gave Swiber Bridging Loan Before Its Liquidation Filing

  • Swiber’s projects had been ‘on track’ with no overdue payments
  • Oil-services firm is now seeking judicial management

Singapore’s largest bank was supporting Swiber Holdings Ltd. until just before the troubled oil services company said it was unable to pay its debts.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.