Property developers PT Alam Sutera Realty Tbk (ASRI) and PT Bumi Serpong Damai (BSD) Tbk (BSDE) have successfully launched global bonds worth $245 million and $200 million respectively. Alam Sutera said it will use the funds to repay its 2019 bonds, while BSD will use it for business expansion as well as debt repayment.
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