Aug 10, 2011

Agung Podomoro & final bonds size

Property developer PT Agung Podomoro Land Tbk (APLN) obtained about Rp3 trillion demand for bonds from investors. Hence, the developer has decided to lift up the size in a bid to absorb the strong demand from investors.
Previously, Agung Podomoro aims to lift up the size of 20% to Rp960 billion. However, the final price is higher than Rp1 trillion. What is the final size and how about the coupons? Please read the remaining story here.
Disclosure: No position at the stock mentioned above.

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