Ezion Holdings is refinancing debt and resuming trading while looking to offer new ownership in the Chew Thiam Keng-led company as part of a restructuring plan.
The Singapore OSV owner is offering SGD 445.5m in reissued bonds and proposing to issue SGD 231.8m in shares and options, according to news releases publicised today.
The distressed company is putting up series A and series C 0.25%