Vallianz Holdings (SGX:WPC) completed a $30 million replacement settlement for its $47.4 million Series A convertible bonds held by DBS Group (SGX:D05), according to a Thursday filing on the Singapore Exchange.
The final payment of $14.5 million was made on Dec. 4, following earlier installments in September. The bonds have been canceled, fully resolving Vallianz's obligations, the company said.
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