Two months ago we reported on the fall of Duniatex Group’s US$300 million bonds, just four months after BNP Paribas SA and Standard Chartered Plc arranged the sale. Since then a series of events have happened. It forced six subsidiaries of the group to face their period of Suspension of Debts Payment (PKPU). On September 25, 2019, Sumitro, the CEO of the group, filed a voluntary PKPU.
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