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Indonesia’s Indika Amends the Terms of Global Bond US$575M

JAKARTA (TheInsiderStories) - Local miner, PT Indika Energy Tbk (IDX: INDY) unit, submitted the amendment of terms and conditions of the its global bond of US$575...

Indonesia’s MNC Investama Restructures US$231M Debt

JAKARTA (TheInsiderStories) - Multinational firm, PT MNC Investama Tbk (IDX: BHIT) is reportedly plans to convert its global bonds worth of US$231 million into shares....

Indonesia’s Bakrie Restructured 75% of Total Debt

JAKARTA (TheInsiderStories) - 75 percent of PT Bakrie & Brothers Tbk (IDX: BNBR)' debt has been restructured, said the president director on Monday (03/30). The...

Indonesia’s Lippo Karawaci Continues Puri Mall Divestment

JAKARTA (TheInsiderStories) - Real estate company, PT Lippo Karawaci Tbk (IDX: LPKR), continues its plans to divests one of it assets in Indonesia, Puri Mall,...

Indonesia’s Krakatau Steel Savings Interest Cost US$466M from Debt Restructuring

JAKARTA (TheInsiderStories) -  Indonesian steel producer, PT Krakatau Steel Tbk (IDX: KRAS) saving interest costs US$466 million after completed the debt restructuring with total amount $2.2 billion, said...

Indonesia’s Krakatau Steel Completes US$2.2B Debt Restructure in Early 2020

JAKARTA (TheInsiderStories) - Indonesian steelmaker, PT Krakatau Steel Tbk (IDX: KRAS) plans to finalize the debt restructuring of US$2.2 billion in early 2020. The company...

Officially, Indonesia’s Krakatau Steel Signs Debt Restructuring with Six Lenders

JAKARTA (TheInsiderStories) - Local manufacturer, PT Krakatau Steel Tbk (IDX: KRAS) has officially signed a debt restructuring agreement with six financial institutions. The management has...

Indonesia’s Krakatau Steel Rights Issue to Refinance Debt

JAKARTA (TheInsiderStories) - In the midst of mounting debt, Indonesian state-owned steel producer, PT Krakatau Steel Tbk (IDX: KRAS), plans to increase capital through...