Subject category:
Finance, Accounting and Control
Originally published in:
2020
Version: 12-May-2020
Abstract
Hyflux is a global sustainable solutions company that provides integrated water management services. In order to fund its rapid growth and the development of its long-term projects, Hyflux raised funds through numerous rounds of financing by issuing perpetual preference shares and bonds, as well as obtaining bank loan facilities. In May 2018, Hyflux filed for court supervision to facilitate debt restructuring and reorganization. This case seeks to analyse the evolution of Hyflux’s capital structure over the years, trace the causes of its financial problems, and discuss the options available to its bondholders and shareholders.
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Time period
The events covered by this case took place in 2018.Geographical setting
Region:
Asia
Country:
Singapore
Featured company
Hyflux Limited
Employees:
1001-5000
Turnover:
SGD 350 million
Type:
Public company
Industry:
Water distribution, construction
Other keywords:
Water treatment; Desalination plant; Integrated water and power plant
Featured protagonist
- shareholders and bondholders, Stakeholders
About
Abstract
Hyflux is a global sustainable solutions company that provides integrated water management services. In order to fund its rapid growth and the development of its long-term projects, Hyflux raised funds through numerous rounds of financing by issuing perpetual preference shares and bonds, as well as obtaining bank loan facilities. In May 2018, Hyflux filed for court supervision to facilitate debt restructuring and reorganization. This case seeks to analyse the evolution of Hyflux’s capital structure over the years, trace the causes of its financial problems, and discuss the options available to its bondholders and shareholders.
Teaching and learning
This item is suitable for undergraduate, postgraduate and executive education courses.Settings
Time period
The events covered by this case took place in 2018.Geographical setting
Region:
Asia
Country:
Singapore
Featured company
Hyflux Limited
Employees:
1001-5000
Turnover:
SGD 350 million
Type:
Public company
Industry:
Water distribution, construction
Other keywords:
Water treatment; Desalination plant; Integrated water and power plant
Featured protagonist
- shareholders and bondholders, Stakeholders