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Tuesday, December 21, 2010

Bumi to repay $600 mln debt in Dec, $1 bln in 2011

Indonesia's Bumi Resources plans to repay $600 million debt this month and another $1 billion next year, said director Dileep Srivastava.

"We, together with Vallar , plan to pay up our debt to China Investment Corp as soon as possible. Our target is to be debt-free by 2013," Srivastava told Reuters. Source: Reuters

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