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Published on 12/22/2017 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s Shimao calls $800 million 8 1/8% notes due 2021 at 104.063

By Marisa Wong

Morgantown, W.Va., Dec. 22 – Shimao Property Holdings Ltd. said it will redeem its $600 million of outstanding 8 1/8% senior notes due 2021 on Jan. 22.

The redemption price will be 104.063 plus accrued interest to the redemption date.

The real estate development company is based in Hong Kong.


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