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To: tsigprofit who wrote (8158)3/12/2001 9:37:36 AM
From: Bucky Katt  Read Replies (2) | Respond to of 13094
 
A $12 billion default, not good news>

Singapore, March 12 (Bloomberg) -- Asia Pulp & Paper Co., which has debt worth more than 180 times its market value, said it will stop paying its $12 billion debt, as the company struggles to stay afloat.