Pacific International Lines – ‘debt re-profiling discussions and potential investment’

Here is a press release issued by Singapore’s Pacific International Lines (PIL) today.
Heliconia Capital is a wholly owned subsidiary of Temasek which, as expected, came to the rescue joining a full capital restructuring that for PIL is necessary as “the persistent Covid-19 pandemic has caused the situation to worsen over the past month”.
Our full PIL coverage can be found here.

The post Pacific International Lines – ‘debt re-profiling discussions and potential investment’ appeared first on The Loadstar.

Source: The Loadstar

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