Singapore's Lippo Malls Indonesia launches S$750 million euro MTNs

By Marisa Wong

Madison, Wis., June 25 - Lippo Malls Indonesia Retail Trust announced that LMIRT Capital Pte. Ltd. has established a S$750 million guaranteed euro medium-term note program.

The program is guaranteed by LMIRT Capital's parent company, HSBC Institutional Trust Services (Singapore) Ltd., which is also the trustee for the Lippo Malls trust.

Standard Chartered Bank is the arranger for the program.

Under the program, LMIRT Capital may, from time to time, issue notes denominated in any currency.

Lippo Malls Indonesia is a Singapore-based real estate investment trust.

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