tiprankstipranks
Pacific Radiance Clears $30.3M in Subsidiary Debt
Company Announcements

Pacific Radiance Clears $30.3M in Subsidiary Debt

Pacific Radiance Ltd. (SG:RXS) has released an update.

Don't Miss Our Christmas Offers:

Pacific Radiance Ltd. has announced that its subsidiary, Crestsa Marine & Offshore Pte Ltd, has successfully settled its outstanding bank loans amounting to $30.3 million. The repayment includes a principal payment of $20.2 million and a debt write-off of $10.1 million, releasing the company from all securities and guarantees associated with the loan.

For further insights into SG:RXS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskPacific Radiance Announces New Company Secretary
TipRanks Singapore Auto-Generated NewsdeskPacific Radiance Wins Major Middle East Contracts
TipRanks Singapore Auto-Generated NewsdeskPacific Radiance Expands Fleet for Wind Energy
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App