JAKARTA — Indonesian automaker PT Astra International jumps the latest hurtle in its US$1.1 billion debt-restructuring plan by reaching an agreement with its bondholders. Indonesia's largest automaker, in which Toyota Motor Corp. holds a stake, met with holders of its U.S. dollar bonds, which overwhelmingly voted to accept the debt-restructuring plan. This agreement follows an April announcement that 95% of Astra's foreign bank creditors approved plans to reschedule about US$700 million ...

Premium Content (PAID Subscription Required)

"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
LisaWilliamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.