Lippo Malls Indonesia Retail Trust $250 million 7.25% bond issue

24/6/2019

High-yield bond/note issue

Value:

$ 250 million

Status:

Completed

Date:

24/6/2019

Overview:

Real estate investment trust Lippo Malls Indonesia Retail Trust (LMIRT) has issued $250 million 7.25% senior notes due 2024.
The notes have been guaranteed by Capital, a wholly-owned subsidiary of LMIRT.
This is Asia-Pacific’s first US dollar high yield bond issued by a real estate investment trust.

Shah Shameer Ahmed - Researcher

Jurisdictions:

Indonesia
Singapore

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : Debt

Industry sector:

Real estate

Firm:

Allen & Gledhill

Party: Lippo Malls Indonesia Retail Trust (Issuer)

Lawyer: Glenn David Foo

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