China’s Logan Property to redeem $260 million senior notes due 2020

By Sarah Lizee

Olympia, Wash., July 11 – Logan Property Holdings Co. Ltd. plans to redeem all $260 million of its outstanding senior notes due 2020 on Aug. 12, according to a notice.

The notes will be redeemed at par plus accrued interest, if any.

The company said it will finance the redemption using internal resources.

Logan Property is a Shenzhen, China-based real estate development company.

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