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Prospect News home > News index > List of issuers Tenders > Headlines for 2018 > News item
Published on 12/20/2018 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s GOME Retail buys back $4 million 5% bonds due 2020

By Susanna Moon

Chicago, Dec. 20 – GOME Retail Holdings Ltd., previously GOME Electrical Appliances Holding Ltd., has repurchased $4 million of its $500 principal amount of outstanding 5% bonds due 2020.

After the repurchased bonds are canceled, there will be $496 million of the bonds left outstanding, according to a company announcement.

The company said it may buy back more of the bonds depending on market conditions.

GOME is an electrical appliance retailer based in Beijing. In 2017, GOME Electrical Appliances Holding Ltd. changed its name to GOME Retail Holdings Ltd.


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