Bakrie Sumatera Plantations nets $200m after appraisal finally arrives — then S&P puts it on negative watch

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Bakrie Sumatera Plantations nets $200m after appraisal finally arrives — then S&P puts it on negative watch

Indonesia’s Bakrie Sumatera Plantations was hit by bad news this week, after Standard & Poor’s put it on negative rating watch, only days after it had started to find demand for a $250m dual-tranche loan.

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