(Adds loan pricing in third paragraph.)
Oct. 11 (Bloomberg) -- Lippo Malls Indonesia Retail Trust, which invests in shopping malls across Southeast Asia’s biggest economy, has completed a S$200 million ($156 million) term loan, said a person familiar with the matter.
Credit Suisse Group AG, CIMB Group Holdings Bhd., Standard Chartered Plc and UBS AG joined the so-called club loan, the person said. The three-year facility comprises a S$150 million tranche and a S$50 million portion.
The loan pays a margin of 400 basis points more than the Singapore interbank offered rate and proceeds will be used to refinance debt, the person said.
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