Forbes

Billionaire Salim-Backed PIK 2 Doubles Down On $2.6 Billion Indonesian Tourism Estate Project

I write about Asia's richest, fast-growing businesses, and startups. Pantai Indah Kapuk Dua (PIK 2)—an Indonesian property developer backed by billionaire Anthoni Salim and entrepreneur Sugianto ...
Reuters

PIK Interest: Negotiation and Documentation

PIK provisions in loan agreements permit borrowers to capitalize (or add to the principal balance of their loans) all or a portion of their accrued interest, rather than making current cash payments ...
Forbes

Billionaire Salim-Backed PIK 2 To Raise $250M Via Private Placement

I write about Asia's richest, fast-growing businesses, and startups. Pantai Indah Kapuk Dua, a listed Indonesian property developer backed by billionaire Anthoni Salim and entrepreneur Sugianto Kusuma ...
Bloomberg L.P.

Private Equity Firms Turn to PIK Loans to Save Cash

Hi, it’s Lisa Lee in London, looking at a flourishing market for so-called PIK loans. Elsewhere, the UAE has big investment plans in India and Rithm hits another hurdle with Sculptor. Today's top ...