JAKARTA, Oct 28 (Reuters) - Indonesia's auto giant PT Astra International confirmed on Monday it has reached a basic agreement with a group of creditors as part of efforts to restructure the company's hefty debts. "The company plans to hold a creditors' meeting in the third or fourth week of November to get an approval on the proposed term sheet which has been agreed with Astra's credit committee," the company said in a statement to the bourse. Some analysts estimate Astra's consolidated ...
Premium Content (PAID Subscription Required)
"Indonesia's Astra says has reached deal with lenders" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642