“In the next one to two days we expect to complete the requirements [to lift the suspension]…so authorities can lift it,” Garuda’s chief executive Irfan Setiaputra said in a briefing for investors.
His presentation materials showed the bonds are set to be issued on Wednesday.
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Bond holders agreed to an 81% haircut on the bonds during the debt restructuring talks in June.
The stock exchange did not immediately respond to a request for comment. (Sbr/Ktn)
