Lippo Malls in Pact With Banks for S$180 Million Term Loan Facility
December 18 2014 - 7:38PM
Dow Jones News
By Gaurav Raghuvanshi
SINGAPORE--Lippo Malls Indonesia Retail Trust (D5IU.SG) has
secured a 180 million Singapore dollar (US$137 million) term loan
facility from three banks to fund its working capital needs and
investments.
BNP Paribas, CIMB Bank and Standard Chartered Bank have agreed
to provide the trust with the loan facility, Lippo Malls said in an
announcement on Thursday evening.
Lippo Malls said it expects the first drawdown from the facility
to occur before Dec. 31.
Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@wsj.com
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