Pulp and paper producer PT Lontar Papyrus plans to issue Islamic bonds (sukuk) worth Rp2.5 trillion, issued in 2 series with tenor of 3 and 5 years. The offering is scheduled for October 2-4, 2018. PT Sinarmas Sekuritas, its affiliates, acts as underwriter for this sukuk issue. Per March 2018, its liability reached US$975.5 million while assets reached US$1.8 billion. The Company booked net profit of US$37 million in first half (H1) of 2018 on sales of US$188.3 million.