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Published on 10/1/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

IOI Resources buys back $11.65 million more 0% exchangeables due 2013

By Susanna Moon

Chicago, Oct. 1 - IOI Resources Ltd. Bhd. said it bought back another $11.65 million of its $600 million zero-coupon exchangeable bonds due 2013.

There is now $454,872,000 of the bonds outstanding.

The company previously said it repurchased $96.97 million of the bonds on June 3.

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


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