Date: 24 March 2021
Time: 6PM SGT | 6PM HKT
Sritex announced on Monday that its syndicated loan maturity extension process has been delayed. According to the company, the extension of the loan’s maturity from Jan 2022 to Jan 2024 was scheduled to be signed on 19 March but has been postponed without an indication of an estimated deadline. The uncertainty has caused a sharp fall in bond prices.
Please join CreditSights in this Q&A call with our Senior Analyst, Lakshmanan R, who will share his thoughts on what happened, our recommendation and address any questions you may have on the topic.
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Lakshmanan R, CFA, FRM
Senior Research Analyst – Asia-Pacific Corporates