Alam Sutera downgraded amid refi pressure

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Alam Sutera downgraded amid refi pressure

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Home loan, mortgages, debt, savings money for home buying concept. Dollar money bag, small residential, house model and coins on table against green nature background. Exchange of finances and houses. | indysystem - stock.adobe.com

Indonesian high yield property companies are continuing to come under fire, with Alam Sutera becoming the latest to be hit with a downgrade due to bond refinancing concerns.

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