Sunac China repurchases $78.6 million of notes due in July, August

By Wendy Van Sickle

Columbus, Ohio, March 19 – Sunac China Holdings Ltd. has repurchased on the open market $55.8 million of its $750 million 8 7/8% senior notes due July 2020 and $22.8 million of its $400 million 6 7/8% senior notes due August 2020, according to a notice.

The repurchased notes will be canceled.

Sunac is a Tianjin, China-based residential and commercial property developer.

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