RSS
Indonesian coal miner PT Bumi Resources said on Wednesday its lenders had agreed to close a crucial debt-to-equity swap with Chinese sovereign wealth fund CIC, enabling it to pay the coupon on its 2016 bonds.
In October, CIC agreed to convert the $1.3 billion debt it was owed by Bumi Resources into stakes in the Indonesian company and associated subsidiaries………………………………………..Full Article: Source
Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment
Indonesian coal miner Bumi gets lender approval for CIC deal
| Posted on 12 June 2014 |
|
|
Article link
- Oil-centric sovereign wealth funds
- Khazanah Nasional Berhad arm to sell stake in IDFC Bank
- NZ Super Fund keeps ILS investments at $200mn
- QIC and China’s Ping An sign MoU after ‘long courtship’
- GPT fund eyes One One One Eagle Street tower deal
- Saudi Sovereign Wealth Fund to Invest in Alabbar-Led Company
- Saudi fund to buy 50% stake in Adeptio
- Saudi Sovereign Wealth Fund to Invest in Alabbar-Led Company
- Saudi Sovereign Wealth Fund to Invest in Alabbar-Led Company
- QIC and China’s Ping An sign MoU after ‘long courtship’
- Qatar’s sovereign wealth fund sees Spain as a gateway to investing in Latin America
- Khazanah Nasional Berhad arm to sell stake in IDFC Bank
- Oil-centric sovereign wealth funds
- NZ Super Fund keeps ILS investments at $200mn
- Saudi fund to buy 50% stake in Adeptio
- QIA is shaping Qatar’s economic future
- GPT fund eyes One One One Eagle Street tower deal
- Dubai Investments open to selling 40% in units (2)
- Governments urged to use SWFs' capital to boost ME economies (1)
- Argentina announces sovereign debt renegotiation (1)
- Abu Dhabi SWF should back Dubai - Merrill Lynch (1)
- China debates forex reserves (1)
- Opalesque Sovereign Wealth Funds Briefing (0)
- Chinese financial firms look abroad (0)
- Questions about SWFs (0)
- SWFs threatening U.S. national security (0)
- Oil-rich Norway braces for a slowdown (0)
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Nov | ||||||
| 1 | 2 | 3 | 4 | |||
| 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 | ||
