31.   Peregrine ran into trouble after a plunge in the Indonesian rupiah made it all but impossible for Indonesian companies to repay their U.S. dollar loans.

32.   Several Indonesian companies have missed their debt payments in recent months.

33.   Several Indonesian companies such as taxi company PT Steady Safe, poultry company PT Sierad Produce and finance company PT Bakrie Finance have missed debt payments.

34.   Some analysts estimate that four of every five Indonesian companies are in technical default, so much of their debts are in default.

35.   Some Indonesian companies are paying their foreign debts in rupiah, which are then being dumped in the market, analysts said.

36.   Still, he said many Indonesian companies will find it difficult to pay their debts on time because of the decline in the rupiah.

37.   Talks between international banks and Indonesian companies aimed at renegotiating debt terms also are underway.

38.   The action at Gudang Garam is the second labor problem to hit a publicly traded Indonesian company this week.

39.   The currency collapse meant many Indonesian companies were effectively in default.

40.   The downgrades make it more expensive for Indonesian companies to raise funds.