The notes are a further issuance of and will rank equal to the US$200 million aggregate principal amount of 7.5% guaranteed senior notes due 2026. These notes were issued by LMIRT on Feb 9, 2021. The notes will rank the same as the US$17.6 million 7.5% notes due 2026 that were issued on May 28.
The manager of Lippo Malls Indonesia Retail Trust (SGX:D5IU
) (LMIRT) has entered into an agreement to issue US$16.2 million ($21.8 million) worth of guaranteed senior notes due 2026.
The notes, which carry a coupon rate of 7.50% per annum and are payable semi-annually in arrears, are subject to the satisfaction of customary closing conditions.
