Bargains Are Hidden in Indonesia’s $44 Billion of Distressed Debt
Published on: Thursday 21 April 2022
(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,