31 Oct '16, 5am

Dark days ahead as S'pore faces S$16.69 billion debt scramble

Dark days ahead as S'pore faces S$16.69 billion debt scramble

HONG KONG — Singapore companies, highly exposed to slowing global trade and a lacklustre commodity market, face a financing scramble in 2017, as more than US$12 billion (S$16.69 billion) of their bonds falls due and banks grow wary of lending to the resources sector. That could trigger more blood-letting in a market that has already seen some high-profile corporate defaults, such as oil services firm Swiber Holdings, which hit the skids in July and went into judicial management this month. It has also seen an increase in the number of bond issuers trying to renegotiate the terms of their credit to stay afloat, a disturbing signal in a market skewed to retail buyers and smaller issues subject to light scrutiny. Corporate leverage has risen to increasingly risky levels, according to credit analysts and investors, while banks are becoming more circumspect about extending fina...

Full article: http://www.todayonline.com/singapore/singapore-inc-faces-...

Tweets

Singapore Inc faces $12 billion debt scramble

in.reuters.com 30 Oct '16, 11pm

HONG KONG Singapore companies, highly exposed to slowing global trade and a lackluster commodity market, face a financing ...

Singapore Inc faces $12 billion debt scramble

reuters.com 30 Oct '16, 11pm

HONG KONG Singapore companies, highly exposed to slowing global trade and a lackluster commodity market, face a financing ...

More Swibers ahead? Singapore companies face $1...

cnbc.com 01 Nov '16, 2am

Singapore companies, highly exposed to slowing global trade and a lackluster commodity market , face a financing scramble ...

More Swibers ahead? Singapore companies face $1...

cnbc.com 01 Nov '16, 2am

Singapore companies, highly exposed to slowing global trade and a lackluster commodity market , face a financing scramble ...

Collection Laws & Exemptions for Each State #mi...

debt.remmont.com 31 Oct '16, 11am

1. Alaska: $716/wk (head of family) or $456/wk (non-head of family) 2. Florida: 100% (head of family only) or 75% for non-...

The faces of the #USArmy's #BestMedic

The faces of the #USArmy's #BestMedic

army.mil 02 Nov '16, 7pm

Sgt. Steven Zesati (left) - Unit: Ranger Training Brigade - Age: 23 - Hometown: El Paso, Texas: "We feel like we're the be...

SG DebtBuster Credit Counselling Singapore Help...

debt.remmont.com 28 Oct '16, 11pm

Financial stress in Singapore? At least half of people with debt problems feel anxious or depressed, so it’s important to ...

#Syracuse Singapore Consumer Credit #state #debt #clock

#Syracuse Singapore Consumer Credit #state #deb...

debt.remmont.com 28 Oct '16, 11pm

At SG DebtBuster, we provide a detail financial analysis to determine the severity of your financial situation then we wil...