Thursday, June 21, 2012

BNBR pay loan....

The payment will be managed PPC (Piper, Price & Company Ltd). At present for any remaining debt is in talks with the creditors. Bakrie & Brothers debt to MSN and ICP actually reached Rp 2.11 trillion. So the rest of the payment that is trying to be resolved around Rp 566 billion. The remainder is targeted debt paid off before August. The whole problem with the current debt payments do PPC. Given Bakrie & Brothers has put some assets that have been approved by creditors on the PPC. Value of assets placed reached Rp 2 trillion is equivalent to the loan amount BNBR. Assets are entered on PPC among other stocks BNBR subsidiaries, such as PT Wt (ENRG), PT Bakrie Telecom Tbk (BTEL), and PT Bakrie Sumatera Plantations Tbk (UNSP). So that debt BNBR to MSN and ICP are not paid with cash, but with a stock subsidiary of Bakrie & Brothers

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