Sunway City lines up first Malaysian CMBS

Property Developer to issue M$450 million deal backed by buildings, leases and preference shares.
July 17, 2002

Sunway City, the Malaysian property developer with interests in hotels, the leisure industry and health care, is to give the Malaysian securitization marker a welcome boost with a M$450 million ($118.4 million) commercial mortgage backed (CMBS) transaction.

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