KrisEnergy Bonds Fall in Singapore Amid Debt Covenant Stress

  • Company flags potential risk of stress to debt covenants
  • SGX Oil & Gas sub-index has dropped 44 percent since March 31

KrisEnergy Ltd. bonds are showing strain as the Singapore-based oil and gas producer said the industry slump could put its debt covenants to the test, as distress in the local-currency debt market spreads.

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