JAKARTA - Theta Capital Pte Ltd, a subsidiary of PT Lippo Karawaci Tbk (LPKR), once again made installments for its Bonds 2025 and Bonds 2026 yesterday (20/3). Each set of bonds now shrinks to USD 237.14 million and USD 194.66 million, respectively.

In the information disclosure quoted Tuesday (21/3) Ratih Safitri, Corporate Secretary of Lippo Karawaci, mentioned that the money for the installment was taken out of loan facility agreement, in which PT Bank Negara Indonesia (Persero) Tbk (BBNI) and PT Bank CIMB Niaga Tbk (BNGA) acted as the lead arranger and bookrunner.

"The payment is included as part of the debt management that will not negatively affect the operation of the company," Safitri said.

On February 10, the issuer had paid installments for Bonds 2025 with an 8.125% interested rate and Bonds 2026 with an interest rate of 6.75%, amounting to USD 116.26 million and USD 108.46 million. Then, the outstanding debts after said round of payment were down to USD 288.73 million and USD 308.56 million. (LK/ZH)