KONTAN.CO.ID - JAKARTA. Airline PT Garuda Indonesia is preparing to propose a 3-year maturity extension to its $500 million Islamic bonds that are coming due on June 3, the company said in a statement late on Tuesday. Baca Juga: Garuda Indonesia (GIAA) mengajukan perpanjangan waktu pelunasan sukuk global Garuda said it has submitted the proposal to Indonesia's Financial Services Authority, as well to bondholders through the Indonesia and Singapore stock exchanges, and the company will seek holders' approval on June 10.
Garuda Indonesia to seek 3-year maturity extension for $500 mln sukuk
KONTAN.CO.ID - JAKARTA. Airline PT Garuda Indonesia is preparing to propose a 3-year maturity extension to its $500 million Islamic bonds that are coming due on June 3, the company said in a statement late on Tuesday. Baca Juga: Garuda Indonesia (GIAA) mengajukan perpanjangan waktu pelunasan sukuk global Garuda said it has submitted the proposal to Indonesia's Financial Services Authority, as well to bondholders through the Indonesia and Singapore stock exchanges, and the company will seek holders' approval on June 10.