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    Swiber defaults on coupon payment

    Company News // March 15, 2017

    Swiber Holdings Limited (at which judicial managers were appointed last year) says it is unable to pay an upcoming coupon payment for the Series 017 CNY450,000,000 7.75% Fixed Rate Notes due 2017, which was issued pursuant to the Company’s S$1,000,000,000 multicurrency debt issuance programme due on 20 March 2017.

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