News Indonesia Debt: Garuda Indonesia seeks $936 million from rights issue after debt restructuring
JAKARTA : Indonesia's state airline Garuda Indonesia is seeking $936 million from a rights issue that will be held after it completes its court-led debt restructuring, according to its chief executive Irfan Setiaputra.The debt restructuring is expected to be finalised by May 20, and the company hopes the
News Indonesia Debt: Indonesia to help national airline with $518 million cash injection
Indonesia’s parliament on April 22 approved the government’s plan to raise the capital of flagship carrier Garuda Indonesia by 7.5 trillion rupiah ($518.31 million) this year, provided the carrier ...
News Indonesia Debt: As dominant creditor, China must 'step up' on debt restructuring, Indonesia's Indrawati says
As the world's dominant creditor, China must demonstrate leadership in addressing the growing debt problem facing many low-income and emerging market countries around the world, this year's leader of the Group of 20 finance officials told Reuters.
News Indonesia Debt: Bargains Are Hidden in Indonesia’s $44 Billion of Distressed Debt
(Bloomberg) -- Indonesia’s pile of pandemic-related corporate debt is offering some investors the chance to cherry-pick cheap assets before a government forbearance program runs out next year.Most Read from BloombergThe Second Wave of the Russian Oil Shock Is StartingKremlin Insiders Alarmed Over Growing Toll of Putin’s War in UkraineUkraine Latest: U.S. Says It Has Slowed Tech Goods to RussiaPutin Calls Off Storm of Mariupol With Ukraine Troops SurroundedU.S. Blasts China’s Support for Russia,
News Indonesia Debt: Indonesia court extends Garuda debt restructuring amid ballooning claims
R ecasts with statement from Garuda, adds quotes from chief executive in paragraphs 5 and 6 JAKARTA, Jan 21 (Reuters) - An Indonesian court on Friday extended the period for Garuda Indonesia's debt ...
News Indonesia Debt: Indonesia's External Debt Decreased in November: BI
Jakarta: Indonesia's external debt decreased in November 2021, Bank Indonesia (BI) has said. The external debt at the end of November 2021 was down to USD416.4 billion from USD422.3 billion in the ...
News Indonesia Debt: Indonesia court extends Garuda debt restructuring to verify claims-media
An Indonesian court on Friday extended the period for airline Garuda Indonesia's debt restructuring by 60 days to allow the airline more time to verify all the claims, CNBC Indonesia reported. JAKARTA ...
