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China’s Hopson Development calls all $300 million 11¾% notes
By Marisa Wong
Madison, Wis., March 31 – Hopson Development Holdings Ltd. announced that it will redeem all $300 million of its outstanding 11¾% senior notes due 2016 on May 5.
Hopson will redeem the notes at 102.9375 plus accrued interest to the redemption date.
The real estate company is based in Guangzhou, China.
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