Publicly listed condominium developer Raimon Land recently announced the successful placement of a Baht 350 million debenture fully subscribed by Lehman Brothers. This debenture is a market rate facility provided by Lehman Brothers Commercial Corporation Asia Limited. The placement was made through Raimon Land Development Co., Ltd. of which a 99% stake is owned by Raimon Land Plc. The proceeds will be used to fund the acquisition and development of two prime Eastern Seaboard sites: A 5 Rai site