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Indonesia , Thursday 16 April 2026

Garuda Indonesia seeks $936 million from rights issue after debt restructuring

Published on: Tuesday 26 April 2022

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 source: https://www.channelnewsasia.com/business/garuda-indonesia-seeks-936-million-rights-issue-after-debt-restructuring-2647661

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