Fri 01/06/2023 05:21 AM
UPDATE 1: 5:21 a.m. ET 1/6/2023: Indonesian healthcare and property conglomerate Lippo Karawaci Tbk. is in the process of finalizing a loan of up to around IDR 5 trillion ($319.7 million), according to two sources familiar with the matter. The facility could be used for a partial buyback of its $420 million 8.125% due January 2025 and its $425 million 6.75% due October 2026 notes, according to one of the sources.
Bank Negara Indonesia and CIMB Niaga are expected to provide the club loan,...
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