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Published on 6/5/2009 in the Prospect News Emerging Markets Daily.

China's Xinhua Finance cancels $90.59 million of 10% guaranteed notes

By Jennifer Chiou

New York, June 5 - Xinhua Finance Ltd. said it canceled $90,593,000 of its 10% senior guaranteed notes due 2011, leaving $9,407,000 of notes outstanding.

Xinhua is a Beijing-based media group.


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