Airline’s creditors vie for cash in US$9.8bil debt revamp
JAKARTA: Creditors of PT Garuda Indonesia looking to recoup money in the airline’s US$9.8bil (RM41.06bil) debt restructuring must submit their bids by yesterday.
The deadline of 5pm Jakarta time (10am in London) for filing claims will be the first in a series of milestones and months of wrangling that could stretch into September.
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