Debt Deluge
Tuesday, September 13, 2016
THE family business of Aburizal Bakrie is in crisis. It has debts of approximately Rp153.3 trillion, more than half of which must be paid this year. This is not the first time that Bakrie has faced such a crisis. However, the group has always managed to bounce back, and even expand.
Stock Ownership of Bakrie & Brothers (as of July 29, 2016) | |
Public | 63.91% |
Credit Suisse AG Singapore | 21.61% |
BNYM S/A Mackenzie Cundill Recovery FD-2039924282 | 9.34% |
Intervent |
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