| Summary: | The purposes of this thesis are to examine and analyzing any conditions
which can be categorized into a default of syndicated loan agreement event, which
funded a toll road establishment. And, it examines the outcome of such default to
legal action conducted by PT Jasa Marga, in order to terminate the Toll Road
Operation Agreement to the investors and take over the Toll Road Management
Rights.
This thesis is analityc descriptive based research, because it is expected to
describe the basic determinations of syndicated credit loan default from
sindycated creditors, clearly and systematically. And also, it describes the impacts
of the taking over the Toll Road Management Rights by PT Jasa Marga.
The results of this research state that the default statement from sindicated
creditors could lead to the termination of Toll Road Operation Agreement by PT
Jasa Marga. This is because those credits are used to fund the toll road
establishment by investors. Then, this termination is being used to the taking over
the Toll Road Management Rights by PT Jasa Marga.
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