Indonesia-based Lippo Karawaci's Sigma Capital unit calls all 9% notes

By Marisa Wong

Madison, Wis., March 7 - Sigma Capital Pte. Ltd., a subsidiary of PT Lippo Karawaci Tbk., said it will redeem all of its outstanding 9% guaranteed notes due 2015 on April 30.

The notes will be redeemed at 104.5 plus accrued interest to the redemption date.

Sigma Capital originally issued $395,608,000 of the 9% notes.

Questions may be directed to Jenny Kuistono at Lippo Karawaci (+6221 25669000 or jenny@lippokarawaci.co.id).

Lippo Karawaci is a Tangerang, Indonesia-based residential and commercial urban developer.

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