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Prospect News home > News index > List of issuers Tenders > Headlines for 2018 > News item
Published on 8/31/2018 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s Redco Properties to redeem $200 million of 7% notes due 2018

By Marisa Wong

Morgantown, W.Va., Aug. 31 – Redco Properties Group Ltd. said it will redeem $200 million of its $250 million outstanding 7% senior notes due 2018 on Sept. 14.

The company intends to fund the redemption using proceeds from its recent offering of $200 million 11% senior notes due 2020.

Redco is a residential and commercial property developer based in Shenzhen, China.


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