Tag Archives: Offshore & Marine

Swiber bonds

After paying for the maturing bonds, Swiber’s debt remains at $551m. (see table). Assuming that all the bonds were issued at $250k per unit, it would meant that each bondholder held more than one unit of bond in all the … Continue reading

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A day after the liquidation plans, Swiber decided now to put itself under judicial management. This means that company is allowed to operate under a new assigned management team instead of putting an end to its operations by liquidating al … Continue reading

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