Sritex bonds plummet after missed payment

Morgan Davis

May 03, 2021 08:15 am

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Indonesian textile manufacturer Sri Rejeki Isman (Sritex) has seen its dollar bonds fall to new lows in the secondary market, as investors grapple with the company's missed debt payment.

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Topics

Corporate Bonds High yield Asia Southeast Asia Indonesia Loans and High Yield LevFin High Yield Bonds Asia Pacific LevFin Emerging Markets

MD

Morgan Davis

Deputy editor GlobalCapital Asia