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Published on 6/4/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

IOI Resources buys back $96.97 million of 0% exchangeables due 2013

By Jennifer Chiou

New York, June 4 - IOI Resources Ltd. Bhd. announced the repurchase of $96.97 million of its zero-coupon exchangeable bonds due 2013 on Thursday.

Following the repurchase, the company has $466.52 million of the bonds outstanding.

IOI Resources is a Putrajaya, Malaysia-based palm oil producer.


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