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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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