| 29.06.2011 - Vallar says China Investment Corp wants cash for debt repayment |
| London-listed Vallar , the controlling shareholder of Asia's biggest thermal coal exporter Bumi Resources, said sovereign wealth fund China Investment Corp wanted its $1.9 billion loan to Bumi to be repaid in cash. "CIC wants cash, not swap its loan with CB (convertible bonds)," Vallar's CEO Ari Hudaya told Reuters..............................................Full Article: Source |