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Lippo Malls Indonesia trust raises S$75m through bonds

Singapore

LIPPO Malls Indonesia Retail Trust (LMIRT) has raised S$75 million through the issuance of five-year bonds with a coupon of 4.1 per cent, a term sheet seen by The Business Times showed on Monday. Orders were in excess of S$100 million.

This issuance saw strong demand from...

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