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Singapore Junk Bonds Slump as Chartering Group Swissco Seeks Restructuring

By Netty Ismail and David Yong (Bloomberg) — Singapore’s junk-bond market is suffering its worst rout in at least four years as debt restructurings spread among shipping and oil-and-gas service companies. High-yield notes in the local currency from borrowers in Singapore slid 1.9 percent last quarter, the most in an IHS Markit Ltd. index going […] The post Singapore Junk Bonds Slump as Chartering Group Swissco Seeks Restructuring appeared first on gCaptain.
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