Weekly Business
Tuesday, October 29, 2002
Danareksa Debt Restructured
AWAKE again. That's an apt phrase to describe Danareksa right now. After an independent financial consultant predicted the government-owned financial institution would probably “black out” because it would likely be unable to pay back its US$174 million debt, this institution can now breathe again. A number of creditors have already agreed to restructure its debts. They are: Arab Bank, Bayerische Hypo-Und V
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