The June 2021 default by Indonesian airline, PT Garuda Indonesia, on its US$500 million sukuk could provide clarity on sukuk restructuring, resolution and enforceability in the country, Fitch Ratings says. Legal precedent for effective enforcement in many jurisdictions where sukuk issuance is preval...
Page content restricted for non-members!
Become a member!Related posts
Air NZ keeps stake in Virgin Australia
19th November 2012