Cases & Deals

PT Arpeni restructures in excess of $420 million of debt

Clients PT Arpeni Pratama Ocean Line Tbk

Jones Day represents PT Arpeni Pratama Ocean Line Tbk as its international legal counsel in connection with its efforts to restructure in excess of $420 million of debt, including in excess of $100 million of US$ denominated bonds. In that capacity, Jones Day is advising PT Arpeni with developing and implementing options to restructure its debt, as well as assisting the company in ongoing negotiations with its bondholders, including any potential insolvency proceeding(s).