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Published on 4/29/2019 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s Xinyuan Real Estate buys back some 2019, 2020 notes

By Rebecca Melvin

New York, April 29 – Xinyuan Real Estate Co. Ltd. said it has repurchased a portion of its 8¼% notes due 2019 as well as $75.7 million of its 8 7/8% notes due 2020.

After the purchase, there are $156,611,000 principal amount of the August 2019 notes outstanding and $124.1 million principal amount of the 2020 notes left outstanding, according to an announcement.

Xinyuan is a Beijing-based real estate developer and property manager.


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