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Wednesday, March 15, 2017

Swiber defaults on its bond for 20 March 2017.

http://www.businesstimes.com.sg/companies-markets/swiber-defaults-on-its-bond-coupon-payout-due-on-march-20

If swiber cannot even pay for this bond coupon, we can expect swiber to default on its DBS loan too.  Look like DBS has more to write down for Swiber.


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