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Indonesia’s Pan Brothers hosts third noteholders’ meeting
Chicago, Sept. 10 – PT Pan Brothers Tbk. invited bondholders to a third noteholders meeting as it continues to work out a restructuring plan, according to an announcement.
The company wishes to update noteholders about progress on a potential restructuring plan as it relates to holders of PB International BV’s $200 million 7 5/8% senior notes due 2022 (ISIN: XS1555631925).
The third meeting will be held at 2:30 a.m. ET on Sept. 16.
Noteholders should register by 5 a.m. ET on Sept. 14 by contacting panbrothers@ajcapital.co.id.
The meeting will be held on Zoom.
There will be a question-and-answer session at the end of the meeting.
PT AJCapital Advisory is the restructuring adviser for the company (Geoff.simms@ajcapital.co.id).
Baker McKenzie is providing legal counsel (Emmanuel.hadjidakis@bakermckenzie.com).
Pan Brothers operates in the garment and textile industries and is based in Tangerang, Indonesia.
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