"We could see a tide of distressed debt in Singapore,” said Shaun Langhorne, a restructuring lawyer and partner in Singapore at Hogan Lovells Lee & Lee. "A number of companies have significant amounts of debt.”
HONG KONG: Singapore firms are likely to see more soured debt as the trade-reliant economy takes a hit from US-China tensions.
That’s the view of debt restructuring experts, for whom more bad debt could mean increased business.
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