TPPI Debt restructuring Extended
Wednesday, March 28, 2012
The oil refiner failed to pay its Rp1 trillion debt installments.
arsip tempo : 178037631128.
It's the longest debt restructuring in Indonesia. For over 10 years the debt settlement process of PT Trans-Pacific Petrochemical Indotama (TPPI) is still going on.
The government has again extended the deadline for repaying a Rp1 trillion debt out of total debts worth Rp9.9 trillion until next month. "The extension was due to several issues, matters yet to be settled," said Coordinating Minister for the Economy, Hatta Rajasa, last week. But Hatta de
...
Subscribe to continue reading.
We craft news with stories.
For the benefits of subscribing to Digital Tempo, See More
