Bondholders Ask Perisai for Debt Repayment as Negotiations Fail

  • Request for early payment precedes Oct. 3 bondholder meeting
  • Malaysian company seeks to defer bond repayment by four months

A group of investors in Singapore is asking Perisai Petroleum Teknologi Bhd. for immediate repayment on S$125 million ($91.6 million) of bonds due next week after talks for better terms on restructuring broke down.

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