, Singapore

66 filed proofs of claims against Hyflux worth $3.13b

About a third of the amount came from preference shares and perpetual securities.

Embattled water treatment firm Hyflux received 66 proofs of claim (POCs) from its creditors amounting to $3.13b, a document on its website revealed.

Much of the claims include holders of syndicated loans, subordinated scheme parties and medium-term notes. About a third of the amount claimed came from preference shares and perpetual securities hitting $460.14m and $571.44m, respectively.

Some of the largest claimants are Mizuho Bank Singapore Branch ($193.7m), KfW IPEX-Bank ($158.33m), ESR REIT ($135.94m), Bangkok Bank ($133.76m), BNP Paribas ($123.91m). DBS Bank is also claiming a syndicated loan and various performance bonds totalling $98.71m.

On 10 January, Hyflux called for its creditors to file a proof setting out their claim by 5 February for the scheme meetings on deciding a compromise or arrangement. The deadline has since been moved to 11 March.

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