Bakrie gets $1bn boost, lenders may roll loan
Indonesia’s Bakrie & Brothers moved closer to ending its loan financing woes this week, when domestic rival Borneo Lumbung Energi & Metal agreed to buy a $1bn stake in one of its companies. Loans bankers are now in discussions with Bakrie over the around $345m it still needs to pay back, but they are now likely to roll the loan over.
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