To start with, can you explain the background
The case involves three bond issues, amounting to $500 million, made by Indah Kiat International Finance Indah Kiat BV in 1994. The bonds were issued to foreign bond purchasers in order to raise foreign currency finance and were guaranteed by PT Indah Kiat Pulp Paper Tbk Indah Kiat, an Indonesian listed company.
In...
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