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Published on 6/10/2021 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s CIFI Holdings redeems $242.06 million 7 5/8% notes due 2023

By Wendy Van Sickle

Columbus, Ohio, June 10 – CIFI Holdings (Group) Co. Ltd. redeemed its remaining $242,061,000 outstanding 7 5/8% senior notes due 2023 (ISIN: XS1952116983), according to a notice.

The notes were redeemed at 103.8125 plus accrued interest for a total redemption amount of $256,518,093.

CIFI, based in Shanghai, is a real estate developer that builds properties in first- and second-tier cities in China.


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