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Published on 10/23/2020 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China SCE to redeem all $500 million 8¾% senior notes due 2021

By Cady Vishniac

New York, Oct. 23 – China SCE Group Holdings Ltd. plans to redeem all its $500 million 8¾% senior notes due Jan. 15, 2021 on Nov. 22, according to a company stock exchange announcement.

The notes will be redeemed at par plus the listed premium, along with accrued and unpaid interest.

After the redemption, the notes will be cancelled and delisted.

China SCE is a Xiamen, China-based property developer.


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