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Published on 2/22/2013 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Pasdec redeems remaining series 2 rainbow exchangeable bonds

By Marisa Wong

Madison, Wis., Feb. 22 - Pasdec Holdings Bhd. said that it redeemed the outstanding RM 4 million of its series 2 rainbow exchangeable bonds on Feb. 20.

Following the latest redemption, the original RM 150 million of exchangeable bonds proposed in January 2006 and issued in November 2006 has been fully settled.


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