China’s Yuzhou buys back $4 million of 8.3% notes due 2025

By Rebecca Melvin

Concord, N.H., April 1 – Yuzhou Group Holdings Co. Ltd. repurchased $4 million of its 8.3% guaranteed senior notes due 2025, according to a news release.

The partial repurchase represents about 0.8% of the principal amount of the notes.

After cancelation of the repurchased notes $495 million of the issue will remain outstanding.

Based in Shanghai, Yuzhou develops residential properties in southern China.

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