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579 Oceanus News Story

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Brief: Oceanus Group entered into amended and restated binding term sheet

Jan 25 (Reuters) - Oceanus Group Ltd  OCGL.SI  
    * Co entered into an amended and restated binding term sheet 
in respect of proposed debt restructuring 
    * ICD creditors and other de conversion persons shall 
transfer, assign and/or novate  SGD 32 million of debt to 
investors of new funds 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ8gzncf 
Further company coverage:  OCGL.SI  
 
 ((bangalore.newsroom@thomsonreuters.com;))

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