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Published on 3/3/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Country Garden chips away at 4¾% notes due 2023 with buybacks

Chicago, March 3 – Country Garden Holdings Co. Ltd. voluntarily repurchased another $6 million of its 4¾% senior notes due January 2023 (ISIN: XS1751178499) from the open market on March 2 and March 3, according to a notice.

The company has now repurchased a total of $36.1 million principal amount of the bonds since Dec. 30.

Country Garden is monitoring market conditions and may make further repurchases as and when appropriate.

Country Garden is a Foshan, China, real estate developer.


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