{
    "success": true,
    "data": {
        "id": 1354797,
        "msgid": "app-to-meet-export-credit-agencies-1447893297",
        "date": "2003-05-23 00:00:00",
        "title": "APP to meet export credit agencies",
        "author": null,
        "source": "AGENCIES",
        "tags": null,
        "topic": null,
        "summary": "APP to meet export credit agencies JAKARTA: Asia Pulp & Paper Co. will meet key creditors tomorrow to discuss their proposal for protection from a second debt default, the head of the Indonesian Bank Restructuring Agency (IBRA) said. The meeting was delayed on Wednesday as the export credit agencies owed the bulk of the outstanding debt of more than US$13 billion hammered out details of their proposal, IBRA chief Syafruddin Temenggung told reporters on the sidelines of an investor forum.",
        "content": "<p>APP to meet export credit agencies<\/p>\n<p>JAKARTA: Asia Pulp &amp; Paper Co. will meet key creditors tomorrow<br>\nto discuss their proposal for protection from a second debt<br>\ndefault, the head of the Indonesian Bank Restructuring Agency<br>\n(IBRA) said.<\/p>\n<p>The meeting was delayed on Wednesday as the export credit<br>\nagencies owed the bulk of the outstanding debt of more than US$13<br>\nbillion hammered out details of their proposal, IBRA chief<br>\nSyafruddin Temenggung told reporters on the sidelines of an<br>\ninvestor forum.<\/p>\n<p>The creditors include Japan's Nippon Export &amp; Investment<br>\nInsurance and export credit agencies from the U.S. and<br>\nGermany.<\/p>\n<p>Asia Pulp has been negotiating a debt recast with lenders<br>\nafter a default 27 months ago, the success of which is key to<br>\nrestoring investor confidence in Indonesia. IBRA, which is owed $1<br>\nbillion, is mediating in the debt talks between the company and<br>\noverseas lenders. -- Bloomberg<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/app-to-meet-export-credit-agencies-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}