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Lippo Malls Indonesia Reit prices US$250m bond at 7.25%; issued below par

Singapore

LIPPO Malls Indonesia Retail Trust's (LMIRT) wholly owned subsidiary, LMIRT Capital Pte Ltd, has priced its US$250 million five-year guaranteed senior notes at 7.25 per cent, to be issued below par.

This is the Asia-Pacific's first US-dollar high-yield bond issued by a...

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