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Published on 5/1/2017 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Hong Kong’s Golden Wheel Tiandi redeems HK$285.5 million 10.9% bonds

By Marisa Wong

Morgantown, W.Va., May 1 – Golden Wheel Tiandi Holdings Co. Ltd. said it redeemed its HK$285.5 million of 10.9% three-year bonds issued in December 2015.

The bonds were redeemed in full on April 30.

The company used internal resources to fund the redemption.

Golden Wheel Tiandi is a Hong Kong-based commercial and residential property developer, owner and operator that focuses on projects in Jiangsu and Hunan provinces that are physically connected or in close proximity to metro stations or other transportation hubs.


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