


| The Worst Junk Bond in Asia Shows How Rapidly Fortunes Can Turn |
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(Bloomberg) -- Investors on a call in July with distressed Indonesia textile firm PT Delta Merlin Dunia Tekstil were confounded -- how could the company’s fortunes have turned so fast? They’re still searching for answers, in a case that’s revived concerns about a lack of transparency in corners of Asia’s credit markets.
Posted: 2019-09-25 23:57:00
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