Invest
Calling out for Trikomsel bondholders
By Athena Trader  •  October 26, 2015

If you have read the news lately, you would have heard of Trikomsel restructuring their bonds and this post is to spread the word that they are looking for their fellow bondholders to contact them at trikomselbonds@yahoo.com as strength is in numbers for a case like this. 

The bondholders are likely to be accredited investors such as private banking clients with the banks in Singapore or maybe fund houses or institutions etc thus it came as quite a shock initially as this is the first time in 6 years that a SGD denominated bond is seeking a restructure of its bonds which could mean a few things such as no more coupons till the maturity date, extension of maturity tenor, haircut and of course the dreaded loss of principal. 

According to Tradehaven where I read this news, Trikomsel held a meeting with their bondholders today, which could mean the private

...
Read the full article
By Athena Trader
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance