lippo karawaci

The Riadys are rebuilding Lippo Karawaci and selling assets. The tight-knit dynasty might just pull-off one of the most remarkable corporate turnarounds in Asia.

Indonesian property developer takes advantage of improving sentiment after completing the new money component of an exchange offer and consent solicitation.

Indonesian garment manufacturer Sritex embarks on an investor roadshow, following developer Lippo Karawaci in issuing a dollar bond.

Backed by the Lippo Group, the company offers a unique opportunity to invest in Indonesian healthcare. But it is not cheap and the weakening rupiah remains a concern.

Asian dollar bond issuance for January could chalk up to $20 billion, some say.

PTT, Bharat Petroleum and China Tianrui are also expected to follow with dollar bonds this week.

Investors chase Lippo’s bonds despite the aggressive pricing.

The sponsor, who owns 29.6% of the retail trust, commits to cover the entire issue, should other shareholders choose not to participate.

Ignoring weak market conditions, Lippo Karawaci successfully reopens its April 2015 bond and prices the deal just hours after launch.