Crunch time for Sky Vision as all eyes on $225m loan
A long drawn out fundraising for MNC Sky Vision is coming down to the wire after Moody’s downgraded its parent this week, citing refinancing risks. A default could spell more bad news for Indonesian borrowers, especially coming so close to last month’s missed payment by Royal Industries Indonesia. John Loh reports.
Sky Vision, a TV broadcaster under the MNC Investama group, launched a $275m