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Garuda Indonesia wants to amend conditions of its 2015 $500 million global sukuk issue after its financial performance failed to meet the issue s original terms.The Indonesian flag carrier wants to amend conditions to say that its consolidated total equity shall not fall below $500 million, and that its consolidated debt to equity ratio shall not exceed three times. The carrier revealed
stanley us its plea to sukuk holders in a Singapore Stock Exchange statement.The carrier also wants to change the definition of consolidated total debt to exclude references to indebtedness under a finance or capital lease , and to waive any dissolution
stanley romania or breach of terms and conditions.In it, it also disclosed that Garuda recorded a net loss of $283.8 million in the first half of the year, attributable to a $138.3 million los
stanley usa s due to tax amnesty programme expense, and $145.5 million to losses from operations. Net losses from operations amounted to $145.5 million for the six months.As of 30 June, Garuda had a consolidated total equity of $717.7 million. As of 27 July, however, it is no longer in compliance with the condition that consolidated total equity should not fall under $800 million, says the announcement. This is a potential dissolution under the terms of the declaration of trust, it adds.The carrier is hence seeking to amend the conditions to maintain financial compliance across its capital structure, and to seek operating and financial flexibility to better meet economic challenges during t Dcxf Rumford police chief takes to Facebook to explain what happens after arrests
If you or someone you know is experiencing domestic violence and would like to talk with an advocate, call 866-834-4357, TTY 1-800-437-1220. This free, confidential service is available 24/7 and is accessible from anywhere in Maine.A Bangor man accused of murder pleaded not guilty Wednesday morning.Richard Thorpe, 43, was arraigned for intentional or knowing or depraved indifference murder in the Sept. 25 death of Virginia Cookson, 39, of Bangor. He entered a plea of not guilty while appearing in person at Penobscot County Superior Court.Cookson was Thorpes ex-girlfrie
stanley mugs nd. She was found dead in her home on Larkin Street and died from strangulation in a homicide.Cookson and Thorpe started dating in April, a
stanley travel mug nd she had recently broken up with him, according to court records. Cookson was outgoing and incredibly generous, her friend Penny Millner said previously.Thorpe has a lengthy criminal history dating backto May 1999, including felony charges that prohibit him from possessing guns, according to his 44-page criminal record obtained by the Bangor Daily News.He most recently was charged with domestic violence aggravated assault, domestic violence assault, domestic violence terrorizing and illegal possession of a firearm on March 14, 2020. Thorpe pleaded gu
stanley us ilty to domestic violence aggravated assault and domestic violence assault, while prosecutors dismissed the other two charges, his criminal record shows.He was sentenced to nearly 60 months in prison on the first charge and 364
