Perisai to begin talks with 6 7/8% noteholders on upcoming maturity

By Marisa Wong

Morgantown, W.Va., Aug. 18 – Malaysia’s Perisai Capital (L) Inc. will begin discussions with holders of its 6 7/8% notes regarding their upcoming maturity on Oct. 3, 2016, according to a Singapore Stock Exchange notice.

The company issued S$23 million of the 6 7/8% notes under its S$700 million multicurrency medium-term note program in October 2013.

Perisai Capital is a wholly owned subsidiary of Perisai Petroleum Teknologi Bhd., 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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