{
    "success": true,
    "data": {
        "id": 1408808,
        "msgid": "afp-to-redeem-amcol-bonds-1447893297",
        "date": "1998-07-18 00:00:00",
        "title": "AFP to redeem Amcol bonds",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "AFP to redeem Amcol bonds SINGAPORE (Reuters): Asia Food & Properties Ltd (AFP) will redeem all outstanding bonds in now-defunct Amcol Holdings Ltd amounting to S$285 million by Monday, its deputy chief financial officer said yesterday. In a telephone interview with Reuters, Suwandy Chen said AFP will pay off a total of S$365 million worth of bank borrowings, including the bonds, due from Amcol to its creditors. A debt moratorium agreed with the creditors ends on July 18.",
        "content": "<p>AFP to redeem Amcol bonds<\/p>\n<p>SINGAPORE (Reuters): Asia Food &amp; Properties Ltd (AFP) will<br>\nredeem all outstanding bonds in now-defunct Amcol Holdings Ltd<br>\namounting to S$285 million by Monday, its deputy chief financial<br>\nofficer said yesterday.<\/p>\n<p>In a telephone interview with Reuters, Suwandy Chen said AFP<br>\nwill pay off a total of S$365 million worth of bank borrowings,<br>\nincluding the bonds, due from Amcol to its creditors.<\/p>\n<p>A debt moratorium agreed with the creditors ends on July 18.<\/p>\n<p>Amcol, a property and trading group which went bankrupt last<br>\nyear, was taken over by the Indonesian Sinar Mas group which<br>\ninjected its property and food business in to the company and<br>\nrenamed it Asia Food &amp; Properties Ltd.<\/p>\n<p>The outstanding bonds, comprising three tranches, $115<br>\nmillion, S$100 million and S$70 million, would be repaid next<br>\nweek, Chen said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/afp-to-redeem-amcol-bonds-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}