KrisEnergy receives 4th extension of debt moratorium

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KRISENERGY has been granted a fourth extension to its debt moratorium, the upstream oil and gas company said in a filing to the Singapore Exchange on Monday. Read more at The Business Times.

KRISENERGY has been granted a fourth extension to its debt moratorium, the upstream oil and gas company said in a filing to the Singapore Exchange on Monday.

The firm is seeking protection from its creditors, which include DBS Bank, Keppel Shipyard, Rubicon Vantage International and holders of the various notes the company has issued, as it tries to restructure a debt to the tune of US$476.8 million.For daily updates on weekdays and specially selected content for the weekend. Subscribe to

 

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