Singapore’s Pacific Radiance sets meeting on Dec. 15 for 4.3% notes

By Susanna Moon

Chicago, Nov. 21 – Pacific Radiance Ltd. said it has scheduled an informal meeting for holders of its S$100 million of 4.3% notes due 2018.

The informal meeting will be held Dec. 15 in Singapore “for the purpose of updating the noteholders on the progress of the restructuring,” according to a company announcement.

Pacific Radiance owns and operates offshore vessels and provides subsea services, shipyard services, marine equipment and project logistics to the oil and gas industry. The company is based in Singapore.

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