Sustainable Bond IV, Phase II and Sustainable Mudharabah Sukuk II, Phase II of Lontar Papyrus Pulp & Paper Industry Year 2026
PT Lontar Papyrus Pulp & Paper Industry (PT LPPPI) is located in Jambi Province, southern Sumatra, about 100 km from the Malacca Strait and approximately 135 km from Jambi City. Established after Sinar Mas acquired PT Wirakarya Sakti in the 1990s, PT LPPPI is part of Asia Pulp & Paper (APP) and produces pulp, tissue, and chemical products, having started pulp production in 1994 with a capacity of 450,000 tons per year. Its raw materials come from sustainably managed industrial plantation forests operated by PT Wirakarya Sakti, with all wood suppliers certified under Indonesia’s Timber Legality Verification System (SVLK). The mill’s proximity to plantation concessions and on-site research and development facilities supports innovation, improved plant growth, superior new varieties, increased seedling production, shorter planting-to-harvest cycles, and more sustainable production processes overall.
| Company Name | PT Lontar Papyrus Pulp & Paper Industry |
|---|---|
| Product Name | Sustainable Bond IV, Phase II Sustainable Mudharabah Sukuk II, Phase II of Lontar Papyrus Pulp & Paper Industry, Year 2026 |
| Fixed Interest Rate | Series A – 3 years : 6,25%-7,00% Series B – 5 years : 6,75%-7,50% Series C – 7 years : 7,25%-8,00% Series D – 10 years : 7,50%-8,25% |
| Rating | idA (Single A flat) & idAsy (Single A flat Syariah) from Pefindo |
| Bookbuilding Period | January 21st - February 2nd, 2026 |
| Minimum Order | IDR 50,000,000 |