DEAL: Garuda’s sukuk default will set a legal precedent

Karry Lai

July 26, 2021

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Garuda Indonesia Boeing 737 Flugzeug Flughafen Jakarta

The capital structure of Garuda, Shariah elements of the deal and a lack of laws to protect sukuk holders mean that a complex process lies ahead

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Karry Lai

Managing editor

Karry is managing editor of IFLR. She manages the team and is responsible for IFLR's content. She also sits on the editorial judging panels of IFLR's global awards and the Women in Business Law Awards. Before joining the legal media industry, she was project manager at a startup focused on sustainable lifestyle media and events.