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China Aoyuan buys back $3 million of notes due 2025, 2026 and 2027
By Rebecca Melvin
Concord, N.H., May 27 – China Aoyuan Group Ltd. announced that it has made a further repurchase of $3 million of its 5.98% senior notes due 2026, 6¼% senior notes due 2026 and 5.88% senior notes due 2027, according to a notice.
The repurchases in the open market were for $1 million of each series, and those notes will be canceled in accordance with the terms of the notes and indentures.
The company purchased $3 million of these notes in early April as well.
Formerly China Aoyuan Property Group Ltd., the investment holding company is based in Guangzhou, China.
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