--Banks with $3 billion in exposure to Singapore-based Hin Leong Trading are in talks with the private oil-trading company about how to bolster its finances amid liquidity concerns, Bloomberg reports, citing unnamed sources.

--Up to 10 banks are involved, including HSBC, DBS and OCBC, with HSBC having the largest exposure at about $600 million, according to the report.

 

Full story: https://bloom.bg/3b9itn6

 

Write to Singapore editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

April 15, 2020 06:05 ET (10:05 GMT)

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