Tue 10/26/2021 06:08 AM
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Deloitte, financial advisor to the bilateral lenders of PT Sri Rejeki Isman Tbk (Sritex), presented an updated draft debt restructuring proposal from the company today, Oct. 26, which included materially improved terms from the initial proposal for a 15-year term out, with Sritex now offering existing creditors to swap their debt into a seven-year senior secured revolving
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