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Settle Bond Debt, Agung Podomoro's (APLN) Fundamentals Considered Increasingly Solid

June 05, 2024, 01.25 AM  | Reporter: Noverius Laoli
Settle Bond Debt, Agung Podomoro's (APLN) Fundamentals Considered Increasingly Solid

ILUSTRASI. Logo Agung Podomoro Land Tbk (APLN)

Fendy explained that APLN's income is in rupiah, while the interest and principal payments of APL Realty's bonds are in US dollars.

If the rupiah continues to depreciate, there is a potential mismatch in financing and exchange rate exposure from dollar loans due to exchange rate fluctuations. With this repayment, this negative potential can be significantly reduced.

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