Pacific Radiance Ltd. (SG:RXS) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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.