Brief: Swiber holdings clarifies on article published by Debtwire Asia-Pacific

Swiber Holdings

02/08/2017 12:48

Aug 2 (Reuters) - Swiber Holdings Ltd  SWBR.SI  
    * clarification in relation to article published by Debtwire 
Asia-Pacific on 1 August 2017 
    * Clarifies that judicial managers have been engaged in 
discussions with potential lenders,investors in relation to 
working capital loans to be extended to group 
    * Clarifies potential partnership as described is expression 
of interest as restructuring option for group received by 
judicial managers from interested party 
    * Company has not received an offer for a super-senior 
working capital loan from a listed indonesian energy company 
    * Judicial managers expect to raise another US$243.7 million 
from further disposals of assets and recoveries to be made from 
insurance claims 
 
Source text for Eikon:  ID:nSNZ2jpqTr  
Further company coverage:  SWBR.SI  
 
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