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The company took a charge of $1.15 a share for the restructuring in the first quarter.
It also provides for the restructuring of Niagara Mohawk's gas operations to foster more competition.
We are laying the cornerstone for the restructuring of the entire power system".
The broad outline of the White House plan for the restructuring had been previously known.
To pay for the restructuring, Arrow will take charges of $12 million to $15 million beginning in the second quarter.
Under Indonesian bankruptcy law, the company needs the approval of 67percentt of creditors for the restructuring to go ahead.
The company is issuing the prospectus for the restructuring deal next Wednesday, where the payments will be revealed.
He has called for the restructuring of the Forestry Commission whose remit, he said, is out of date.
Mr. Viola said the bank had reduced its operations by 11 percent, taking a one-off charge of €311 million for the restructuring.
The bank set aside $1.3 billion for mortgage litigation and $1 billion to help pay for the restructuring Mr. Corbat announced last month.
SENATOR Obama called for the restructuring of the financial regulatory system months before the housing and credit squeeze spiraled into economic crisis.
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