Hong Kong's Sino-Ocean to redeem $700 million 4.45% notes on Sept. 16

Chicago, Aug. 16 – Sino-Ocean Group Holding Ltd. wholly owned subsidiary Sino-Ocean Land Treasure II Ltd. will redeem all $700 million of its 4.45% notes due 2020 on Sept. 16, according to a notice.

Sino-Ocean guarantees the notes.

The notes will be redeemed at a make-whole price plus accrued interest.

The property developer is based in Hong Kong.

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