Brief: Krisenergy Ltd commences consent solicitation exercise

KrisEnergy

16/11/2016 23:42

Nov 17 (Reuters) - Krisenergy Ltd- 
    * Restructuring is essential for survival of Krisenergy, 
without which there is no guarantee that company can continue to 
operate 
    * Announces launch of a consent solicitation exercise in 
relation to company's s$130 million 6.25% fixed rate notes due 
2017 and s$200 million 5.75% fixed rate notes due 2018 
    * Is seeking approval from holders of existing notes to 
exchange existing notes for new senior unsecured notes 
 
Source text for Eikon:  ID:nSNZ4Fm1y2  
Further company coverage:  KRIS.SI  
 
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