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Global Trade Alert

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Indonesia: Capital Injection to Garuda Indonesia

Description

On 15 July 2020, Indonesia announced a capital injection of IDR 8.5 trillion (USD 583 million) into Garuda Indonesia in the form of a mandatory convertible bond (MCB). The MCB will require conversion ...

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Intervention Details

Intervention Type

Equity stake

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Jul 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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