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Beijing Capital’s Central Plaza subsidiary calls all 8 3/8% perpetuals
By Marisa Wong
Morgantown, W.Va., April 6 – Central Plaza Development Ltd. said it will redeem its $400 million 8 3/8% senior perpetual capital securities in full on April 8.
The securities will be redeemed at par plus any distributions accrued to the call date.
British Virgin Islands-based Central Plaza is a subsidiary of Beijing Capital Land Ltd., a real estate company based in Beijing.
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