Nov 4 (Reuters) - Straits Resources Ltd SRQ.AX :
* Straits executes agreement to restructure convertible notes SRQ.AX
* Executes agreement with Credit Suisse (VX:CSGN) international; will result in restructure of US$7 million convertible notes held by cs
* Under the terms, Straits will redeem US$1.0472 million of notes from cs at face value following completion of debt restrucring
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