Wed 12/29/2021 05:44 AM
Relevant Document:
Dec. 28 Revised Restructuring Proposal
Indonesian vertically integrated textile maker PT Sri Rejeki Isman Tbk (Sritex) at a virtual creditors meeting on Dec. 28 presented further revisions to its proposed debt restructuring terms, including exchanging its $225 million 7.25% senior notes due 2025 and $150 million 6.875% senior notes due 2024 - issued by subsidiary Golden Legacy Pte. Ltd. - into $105 million five-year Tranche A secured notes, $135 million nine-year...
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