Chandri Asris Debt

The debt restructuring process of PT Chandri Asri Petrochemical Center currentlyundertaken by the Indonesian Bank Restructuring Agency (IBRA) has been the subject of difficult and protracted negotiations over the past two years, but finally seems to be coming to a conclusion. The credit agreement is due to be ready for signing next week.

Based on an agreement signed last Tuesday, IBRA and the Japan Indonesia Petrochemical Investm