IOI Investment offers to purchase US$600m debt notes

IOI Corp also announced IOI Investment intends to issue a series of new notes under its US$1.50bil euro MTN programme subject to market conditions.

KUALA LUMPUR: IOI Corporation Bhd’s unit IOI Investment (L) Bhd has announced its plans to purchase its outstanding US$600mil 4.375% notes due 2022.

The notes are guaranteed by IOI Corp under the US$1.50bil euro medium term note programme.