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Published on 12/2/2016 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s Fantasia updates tally of recent buybacks of 2017, 2019 notes

By Marisa Wong

Morgantown, W.Va., Dec. 2 – Fantasia Holdings Group Co., Ltd. has recently purchased a total of $21.1 million of its 10 5/8% senior notes due 2019 and $30.3 million of its 13¾% senior notes due 2017 in the open market.

After cancellation of the repurchased notes, $278.9 million of the 2019 notes and $219.7 million of the 2017 notes remain outstanding. The outstanding amounts represent 92.97% and 87.88% of the initial principal amounts, respectively.

Fantasia Holdings is a property development company based in Shenzhen, China.


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