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Prospect News home > News index > List of issuers G > Headlines for Goliath Holding Pte. Ltd. > News item
Published on 12/11/2017 in the Prospect News Distressed Debt Daily and Prospect News Emerging Markets Daily.

Singapore’s Goliath Offshore plans PIK interest on 12%, 15% notes

By Susanna Moon

Chicago, Dec. 11 – Goliath Offshore Holdings Pte. Ltd. will pay in-kind the interest due Dec. 11 on its 12% senior secured callable bonds due 2017.

The issuer also will pay in-kind interest due Dec. 11 on Goliath Holding Pte. Ltd.’s 15% super senior callable bonds due 2017, according to a notice from bond trustee Nordic Trustee ASA.

Goliath also paid interest due Sept. 11 and March 11 in-kind, as previously announced.

Goliath’s subsidiaries offer marine transportation services. The holding company is based in Singapore.


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