Showing posts with label PT Trikomsel. Show all posts
Showing posts with label PT Trikomsel. Show all posts

Tuesday, October 20, 2015

Indonesia bond defaults

Bond defaults thus far for Indonesian companies:

2015: PT Berau Coal Energy, PT Trikomsel
2014: PT Bumi Resources


Indonesian phone retailer PT Trikomsel Oke's Singapore-dollar bonds plunged to record lows last week after it blamed a weak rupiah. It is unable to service its debt and needs to restructure.