Brief: Lippo says PSL entered into loan agreement

Hongkong Chinese

20/10/2016 14:56

Oct 20 (Reuters) - Lippo Ltd  0226.HK  
    * PSL, unit, entered into loan agreement with LAAPL 
Subsidiary, a subsidiary of LAAPL which is a principal joint 
venture of Lippo and HKC 
    * Loan facility in principal amount of up to S$155 million 
    * Pursuant to deal PSL agreed to make available october 2016 
loan facility to LAAPL subsidiary. 
    * Loan will be used to repay part of existing indebtedness 
of LAAPL group 
 
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