11 May 2022 08:34
The proposal of PT HK Metals Utama Tbk (HKMU) regarding the debt restructuring of its subsidiary, PT Karya Bumimas Persada (KBP), is approved by PT Bank BTPN Tbk (BTPN).
Debt restructuring of HKMU’s subsidiary has BTPN’s approval
30 Mar 2022 06:52
PT Berlina Tbk (BRNA), a plastic packaging manufacturer, is granted an extension for its credit facility payment worth IDR 80 billion from PT CIMB Niaga Tbk (BNGA) until next year.
Berlina restructures its debts in CIMB Niaga
24 Mar 2022 13:53
PT FKS Food Sejahtera Tbk (AISA) reportedly still has principals and interests of bonds and sukuk of IDR 37.18 billion, which must be channelled out to its holders.
AISA’s remaining debts are down to IDR 37.18 billion
18 Feb 2022 06:22
PT Prima Cakrawala Abadi Tbk (PCAR), a processed seafood manufacturer, restructures its debts of IDR 20.43 billion owed to two different creditors, Erry Firmansyah and PT Astro Media Indonesia (AMI).
PCAR restructures its debts of IDR 20.43 billion
14 Feb 2022 07:16
PT Bakrie Renewable Chemicals (BRC), a subsidiary of PT Bakrie Sumatera Plantation Tbk (UNSP), restructures the debts of three of its subsidiaries worth USD 59 million in total in PT Bank Mandiri (Persero) Tbk (BMRI).
Bakrie restructures its subsidiaries’ debts worth USD 59 million in Bank Mandiri
15 Dec 2021 14:06
The Head of Commissioners of the Financial Authorities Services (OJK), Wimboh Santoso, stated that the implementation of the credit restructuring policy due to the COVID-19 pandemic has been running effectively.
OJK noticed the effectiveness of credit restructuring implementations
17 Nov 2021 13:35
PT Garuda Indonesia (Persero) had sent out its debt restructuring proposal to its lessors and creditors, aiming to receive feedback regarding its attempt to improve operational performance.
Garuda submitted its restructuring proposal
16 Nov 2021 11:24
PT Temas Tbk (TMAS), a shipping company, is downsizing its assets by reassigning the management of eight vessels worth IDR 686.40 billion to its subsidiary, PT Temas Shipping (TS).
Temas to restructure its assets
15 Nov 2021 06:45
PT Modern Land Tbk (MDRN) restructures its debts by converting 3 billion Series B shares to Sungkono Honoris via private placement.
Modern Land to restructure debts via private placement10 Nov 2021 06:32
The Ministry of State-Owned Enterprises (BUMN) targeted the reduction of debt values or the haircut of PT Garuda Indonesia Tbk (GIAA) to reach USD 7.18 billion, equal to IDR 102.02 trillion.
BUMN Ministry set haircut for Garuda to IDR 100 trillion