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Published on 12/28/2018 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

West China Cement redeems $30 million more 6˝% notes

By Wendy Van Sickle

Columbus, Ohio, Dec. 28 – West China Cement Ltd. redeemed on Dec. 28 an additional $30 million of its original $400 million of 6˝% senior notes due 2019.

This redemption followed the redemption of $50 million of the notes on Nov. 23.

The redemption price for the latest redemption was 101.625, according to a notice.

Following the redemption, $320 million of the notes remain outstanding.

Deutsche Bank Trust Co. Americas is the trustee.

The cement manufacturer and distributor is based in Xi’an, China.


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