Lippo Karawaci: tap-dancing to bond success

The Indonesian developer returned to the bond markets this week, after an earlier debt exchange proved a flop. That previous failure turned out to be a blessing.
August 04, 2016

Lippo Karawaci returned to the bond markets this week, after being forced to pull a debt exchange earlier this year due to tepid demand. That earlier failure was fortuitous — the company’s $260 million bond tap proved much cheaper than it had previously hoped.

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