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Prospect News home > News index > List of issuers C > Headlines for Country Garden Holdings Co. Ltd. > News item |
China’s Country Garden to redeem all outstanding 7¼% notes due 2021
By Taylor Fox
Chicago, July 29 – Country Garden Holdings Co. Ltd. plans to redeem in full all outstanding 7¼% senior notes due 2021 on Aug. 28 at par plus interest, according to a company announcement.
The outstanding principal amount of the 2021 notes is $750 million.
The 2021 notes will be canceled and delisted upon redemption.
Country Garden is a Foshan, China, real estate developer.
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