Swiber

Swiber: -0.9% at $0.53, broadly in line with the STI's 0.7% decline, after saying it plans to sell S$75m worth of fixed-rate notes with a 6.25% yield. An analyst notes the company has had to refinance its debt; pricing is reasonable for a smaller company with a decent amount of leverage. Says the interest rate is "pretty good." Next support at $0.51, its ytd low.