Investor Presentaiton
Alam Sutera
GREAT
Debt Maturity Profile
USD mm
Debt Maturity Profile (as of End Sept 2023)
Description
300
250
200
150
100
50
50
2023
Note: USD/IDR as of Sept 2023 15,526
: USD Bonds
Bank loans
27
228
18
19
2024
2025
•
•
•
Notes
Rating
Alam
Sutera
RESIDENTIAL & LIFESTYLE COMMUNITY
Remaining Bond Details
Coupon Payment
2025 Bonds
USD 251 mm
6.25% p.a (for first year)
due 2025
Caa1 (Moody's)
B- (Fitch)
May 2 and Nov 2 of each year starting May 2,
2021
Key Highlights
We have successfully refinanced our 2024 bonds through tender offer in
November 2022 resulting in an improved debt maturity profile and a more
balance debt structure.
As of December 2022, we have entered into a total of USD 120 million
Non-Deliverable USD Call Spread Option with various USD/IDR spread
from 14.250 up to 16.500. We plan to add more hedges going forward.
As of September 2023, the 2025 outstanding bonds was IDR 246.7 mm.
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