LMIRT Capital, the wholly-owned subsidiary of Lippo Malls Indonesia Retail Trust (LMIRT), has successfully priced and allocated its second US dollar bond of US$200 million ($266.2 million) five-year guaranteed senior notes on Feb 3.

The notes will mature on Feb 9, 2026, and bear a coupon of 7.5% per annum payable semi-annually in arrears.

The notes, which are guaranteed by LMIRT’s trustee Perpetual (Asia), will be issued at an issue price of 98.98% of the principal amount of the notes.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook