HONG KONG (Indonesia Today) – Retail giant Parkson Retail Group, which has substantial operations in Indonesia, plans to list its US$500 million 4.5% Notes due 2018.
DBS, JP Morgan, and Nomura International are joint bookrunners and joint lead managers of the Notes, while Maybank and Natixis are co-managers.
Parkson expects permission for the listing from The Stock Exchange of Hong Kong to become effective on May 6, 2013.
Parkson booked net profit of S$24.8 million in six months ended December 31, 2012, down 7.8% from the corresponding period of 2011, while sales revenue grew 5.3% to S$579.94 million. (Indonesia Today)