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.
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.
