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    Swiber defaults on coupon payment

    Company News // August 3, 2016

    Referring to an earlier announcement by its parent company, Swiber Holdings Limited, on 29 July 2016 with regard to the coupon payment for the company’s S$150,000,000 6.50 per cent Trust Certificates due 2018 comprised in Series 001, issued pursuant to the company’s US$500,000,000 Multicurrency Islamic Trust Certificates Issuance Programme, Swiber Capital has confirmed that it is unable to pay the coupon payment for the Series 001 Trust
    Certificates that was due on 2 August 2016.

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