[New post] Indonesia’s Bakrieland pays $29 mln debt, avoids default

- on 07.57

Newsdesk posted: "Jakarta --- Indonesian property firm PT Bakrieland Development has obtained last-minute funding to redeem a 280 billion rupiah ($29 million) bond, avoiding default in the latest of a series of financial troubles to befall the Bakrie Group conglomerate. S" New post on Atjeh News Indonesia’s Bakrieland pays $29 mln debt, avoids default by Newsdesk Jakarta --- Indonesian property firm PT Bakrieland Development has obtained last-minute funding to redeem a 280 billion rupiah ($29 million) bond, avoiding default in the latest of a series of financial troubles to befall the Bakrie Group conglomerate. Shares in Bakrieland were suspended on Monday by the stock exchange authority after it failed to redeem [...] Read more of this post Newsdesk | March 12, 2013 at 9:54 pm | Tags: Bakrie Group, PT Bakrieland Development | Categories: Business | URL: http://wp.me/p2UfYm-xx Comment    See all comments Unsubscribe or change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://atjehnews.com/business/2079/2013/03/12/indonesias-bakrieland-pays-29-mln-debt-avoids-default