Bumi fall sparks Bakries headache

● Indonesian group Bakrie has until Friday to resolve a covenant breach on a $437m loan following a drop in the price of its London-listed coal miner Bumi last week, sources familiar with the loan said yesterday. The breach was the latest in a series of debt problems for Bakrie Group, one of Indonesia's largest conglomerates which avoided a debt crisis last year by selling a stake in Bumi to an Indonesian investor for $1bn. Credit Suisse sent a notice on behalf of lenders to the borrower after the breach.