Malaysia's IOI may buy back 5¼% notes due 2015, 4 3/8% notes due 2022

By Marisa Wong

Madison, Wis., April 24 - IOI Corp. Bhd. announced that it may repurchase from time to time a portion of the outstanding $500 million of 5¼% guaranteed notes due 2015 issued by IOI Ventures (L) Bhd. and $600 million of 4 3/8% guaranteed notes due 2022 issued by IOI Investment (L) Bhd.

The notes would be repurchased in the open market, according to a Bursa Malaysia announcement.

The company said it will disclose any buybacks once completed.

IOI is a palm oil and property company based in Putrajaya, Malaysia.

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