Whatever Will Happen to the Bonds?

Several financial practitioners are proposing that the sale of recapitalized banks be carried out as a single packet along with the issuance of recapitalized bonds. Why?

March 5, 2002

IT'S not just the bank employees who are concerned about possible redundancies, worried about the change of ownership of shares in Bank Central Asia (BCA)—from the government to the winner of the tender, to be announced in the near future—but also people outside BCA. Several observers have voiced their concern over the sale of BCA, the majority of which used to be owned by the Liem Sioe Liong family. The loudest protests have come f

...

More Articles