Photo: Garuda planes at the Soekarno-Hatta International Airport on April 13, 2020. Shutterstock

Islamic Finance

Garuda aims to complete restructuring proposals in three weeks, after defaulting on $500 million sukuk


JAKARTA – Garuda aims to finalise restructuring proposals for its lessors and creditors in the next three weeks and complete the restructuring process by the end of the year, Irfan Setiaputra, the company’s CEO told Salaam Gateway.

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tags:

Sukuk
Aviation