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Published on 1/13/2011 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Malaysia's Perisai Petroleum redeems $1 million of 0% two-year bonds

By Marisa Wong

Madison, Wis., Jan. 13 - Perisai Petroleum Teknologi Bhd. said it redeemed $1 million of its $10 million zero-coupon two-year redeemable convertible bonds on Thursday.

OSK Investment Bank Bhd. is the agent.

Perisai is a Kuala Lumpur-based company engaged in the manufacture, supply, commissioning and installation of corrosion control products for marine and oil and gas industries.


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