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Indonesia’s Bumi Serpong Pocketing Funds US$88M from Private Placement

JAKARTA (TheInsiderStories) - Indonesian property developer, PT Bumi Serpong Damai Tbk (IDX: BSDE) pocketed fresh funds worth of Rp1.23 trillion (US$87.86 million) from the private placement,...

Indonesia’s Bumi Serpong Seeks Fresh Fund from Private Placement

JAKARTA (TheInsiderStories) - PT Bumi Serpong Damai Tbk (IDX: BSDE) plans to increase capital around Rp1.5 trillion (US$107.14 million) through a private placement, said the...

Indonesia’s Bumi Serpong Damai Plans to Refinance Debt

JAKARTA (TheInsiderStories) -- Indonesian property developer, PT Bumi Serpong Damai Tbk (IDX: BSDE), through its unit, Global Prime Capital Pte. Ltd., plans to offer a senior notes....

Indonesia’s Bumi Serpong Damai Drops Buyback Program

Jakarta (TheInsiderStories) - Indonesia' PT Bumi Serpong Damai Tbk (IDX: BDSE) stop the tender offer of global notes amid the lower demands, said the...

Moody’s Assigns Ba3 to Bumi Serpong Damai’s Proposed Notes

Singapore (TheInsiderStories) - Moody's Investors Service has assigned a backed senior unsecured rating of Ba3 to the proposed senior unsecured notes to be issued by...

Moody’s Changes Bumi Serpong’s Outlook to Stable from Positive

JAKARTA (TheInsiderStories) - Moody's Investors Service has affirmed the Ba3 corporate family rating of PT Bumi Serpong Damai Tbk (IDX: BSD)E. At the same time, Moody's has...

Moody’s: Indonesian Property Developers Face a Higher Interest Burden

JAKARTA (TheInsiderStories) - Moody’s Investors Service in a new report that the eight Indonesian property developers , seven will likely have the capacity to absorb...