Monday, April 5, 2010

Lippo Karawaci issues US$350 million bonds

PT Lippo Karawaci Tbk plans to issues US$350 million global bond with tenure 5 years. Deutsche and Citibank will helps Lippo Karawaci to handle the coporate action.
The company plans to use US$250 million for refinancing US$250 bond with mature in 2011. Lippo Karawaci also plans to use US$100 million from bonds to develop hospital.
Lippo Karawaci operate 4 hospital and plans to launch The Mochtar Riady Comprehensive Cancer Center (MRCCC) – Siloam Hospitals in Semanggi, Jakarta.

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