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China’s Sinic Holdings buys back some 8½% senior notes due 2022
By Marisa Wong
Los Angeles, June 11 – Sinic Holdings (Group) Co. Ltd. announced it purchased $2 million, or 0.8% of the original principal amount, of its $250 million 8½% senior notes due 2022 (ISIN: XS2281324389) in the open market.
After cancellation of the repurchased notes, there will be $248 million of the 2022 notes remaining outstanding.
The real estate development company is based in Shanghai.
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