Hyflux wins another 2-month stay on $2bn debt, citing likely deal

Water treatment company says it will agree on a sponsor by end of June

20190530 Hyflux headquarters

Hyflux headquarters in Singapore. (Photo by Mayuko Tani)

MAYUKO TANI, Nikkei staff writer

SINGAPORE -- Water treatment company Hyflux was granted another extension to its debt moratorium on May 29, but its path forward remains unclear without a deal to secure a sponsor for a turnaround.

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