matahari

Lippo sells first Matahari block since re-IPO

Chinese-Indonesian conglomerate raised $125m from secondary selldown of shares in Matahari Department Store, potentially creating an overhang for the remainder of its shares.

September 06, 2016

CVC exits Matahari with $227m block

Shareholders including two controlled by CVC Capital Partners sold shares in Indonesia’s largest shopping mall operator on the back of strong operational figures.

May 18, 2016

Bankers say Indonesia is Asia's best investment opportunity

Indonesia has become an attractive destination for portfolio investors.

November 02, 2009

AsiaÆs bond bonanza

Borrowers in the region, particularly Koreans, are tapping into healthier investor appetite and locking in low-cost funding.

October 19, 2009

Country Garden reopens high-yield market with $300 million issue

Chinese property developer Country Garden issues Asia's first true high-yield bond in 14 months with an 11.75% five-year deal arranged by J.P. Morgan.

September 02, 2009

Citi's Indonesia banking head optimistic about country's recovery

Tigor M Siahaan, Citi's Indonesia banking head, says a sustained recovery for Indonesia's real economy and its financial markets may be in the making.

August 11, 2009

PLN launches $750 million high-yield bond

Indonesia's electricity company re-opens the Asian high-yield bond market and attracts huge demand for its 10-year deal.

August 04, 2009

Matahari bond exchange close to 90% accepted

The bondholders' acceptance of the Indonesian retailer's exchange offer is a welcome but rare success for Asia's restructuring industry.

July 27, 2009