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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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