IOI Corp offers to buy debt notes


KUALA LUMPUR: IOI Corp Bhd’s unit IOI Investment (L) Bhd has announced plans to purchase its outstanding US$600mil (RM2.5bil) 4.375% notes, which are due in 2022.

The notes are guaranteed by IOI Corp under the US$1.50bil (RM6.25bil) euro medium term note (MTN) programme.

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