Lonrho PLC (LONR.LN), a firm operating in the agribusiness, infrastructure, transport, support services, and hotel sectors in Africa, said Monday it has successfully placed a further $10 million of additional bonds by the company's wholly-owned direct subsidiary, LAH Jersey Limited.

MAIN FACTS:

-The issuance follows the notification on Oct. 8 confirming the successful completion of the offering of $60 million Guaranteed Convertible Bonds due 2015.

-The aggregate amount of all the Bonds now placed by Lonrho is $70 million.

-The terms and conditions attaching to the Bonds remain the same as announced by the company on Oct. 8.

-Shares at 1434 GMT down 0.25 pence or 1.89% at 13 pence.

-By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, tapan.panchal@dowjones.com
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