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Headline: Samart still in orbit Source: Euromoney Date: February 2001 Author: Gill Baker Satellite communication holding company Samart Corporation is proud that it managed to keep all of the interest payments current on its Bt7.2 billion ($161 million) of debt. The company signed a restructuring programme with its creditors a year ago and agreed a rescheduling of tenor without lenders having to take a haircut. “Our lenders trust our management because we kept all our interest payments current,” says a company executive. |
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