Thu 02/18/2021 21:28 PM
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Relevant Documents:
Excel Tear Sheet
Offering Memorandum - $200 Million 7.625% Senior Notes Due 2022 (OM)
Interim 9M’20 Consolidated Financial Statements (Restated)

Indonesian garments manufacturer PT Pan Brothers Tbk has been in a liquidity logjam struggling to refinance its syndicated $138.5 million revolving credit facility (RCF) over the past six months while thus far failing to issue an up to $350 million bond for reasons previously outlined. Reorg’s earlier analysis pointed out a range of...
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