JAKARTA: Distressed state construction company PT Waskita Karya of Indonesia says it won’t be able to deposit funds for the payment of interest and the repayment of principal for its rupiah bonds due Aug 6, according to a filing.
The rupiah-denominated notes of the heavily indebted builder have a total outstanding of 135.5 billion rupiah (US$8.9mil), according to data compiled by Bloomberg.
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