Hong Kong's City Telecom calls 8¾% notes for Feb. 1 redemption

By Jennifer Chiou

New York, Dec. 30 - City Telecom (H.K.) Ltd. announced the Feb. 1 redemption of its 8¾% senior notes due Feb. 1, 2015 at 104.375% of par plus accrued interest.

On Dec. 14, the company bought back $1.5 million of the notes at 101, leaving $19,863,000 outstanding.

Deutsche Bank Trust Co. Americas is the trustee and paying agent (DB Services Tennessee Inc., Trust & Securities Operations, Attn: Securities Payment Unit, P.O. Box 305050, Nashville, TN 37230-5050.)

City Telecom provides integrated telecommunications services in Hong Kong.

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