KONTAN.CO.ID - JAKARTA. National flag carrier Garuda Indonesia will seek to restructure US$ 500 million of Islamic bonds due to mature next month, the deputy of the state-owned enterprises ministry said on Friday. "We plan to ask for restructuring of the maturing global sukuk," Kartika Wirjoatmodjo said via text message. "We have engaged with an adviser, who has begun to communicate with bondholders," he said.
Indonesia's Garuda to seek restructuring of US$ 500 million Islamic bonds
KONTAN.CO.ID - JAKARTA. National flag carrier Garuda Indonesia will seek to restructure US$ 500 million of Islamic bonds due to mature next month, the deputy of the state-owned enterprises ministry said on Friday. "We plan to ask for restructuring of the maturing global sukuk," Kartika Wirjoatmodjo said via text message. "We have engaged with an adviser, who has begun to communicate with bondholders," he said.