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Published on 4/6/2018 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

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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