Bisnis Indonesia newspaper quoted anonymous source saying creditors have assigned AJ Capital Advisory to work on restructuring of Rp17 trillion (US$1.22 billion) loans provided by more than 20 banks to Duniatex Group. So, other than the defaulted US$300 million 8.625% Senior Notes due 2024, some state-owned financial institutions are now trying to recover their funds from the group.To subscribe please click here
