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Bondholders protest Trikomsel's move to recognise claim

Published Thu, Feb 11, 2016 · 09:50 PM
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Singapore

TRIKOMSEL administrators' low-profile move to recognise an intercompany claim has sparked protests from the financially troubled company's bond investors.

The administrators have recognised Trisatindo's secured intercompany claim but have also rejected the claims of trustees representing bondholders on Trikomsel's direct guarantees on two outstanding Singapore dollar notes.

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