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US$700 million restructuring of Hontop Energy which is seeking a moratorium in Singapore after the COVID-19 pandemic halted its operations

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  • US$700 million restructuring of Hontop Energy which is seeking a moratorium in Singapore after the COVID-19 pandemic halted its operations

Advising 3 of the 7 secured creditors of Chinese-owned oil trader Hontop Energy (Singapore) Pte Ltd in a US$700 million restructuring. Partners Chua Beng Chye, Raelene Pereira, Toh Kian Sing SC, V Bala, Yu Zheng, Sim Kwan Kiat, Nathanael Lin and Cherie Tan are leading the case together with Senior Associate Wu Junneng.

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