Two lessors file applications to cancel Garuda Indonesia restructuring deal


JAKARTA: Two lessors have filed applications in a Jakarta court in a bid to cancel flag carrier Garuda Indonesia's restructuring deal, a court website showed.

Garuda reached an agreement with its creditors, which include lessors and Islamic bond investors, last June to restructure more than $9 billion of debt.

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Garuda , restructuring , lawsuit , lessor , court

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