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China’s Xinhu Zhongbao unit buys back $64.6 million 11% note due 2022
By Devika Patel
Knoxville, Tenn., June 21 – Xinhu Zhongbao Co., Ltd. subsidiary Xinhu (BVI) 2018 Holding Co. Ltd. repurchased $64.6 million of its 11% guaranteed senior notes due 2022 (ISIN: XS2005151027) on June 12, according to a notice.
As of June 21, $95.4 million of the notes have been repurchased.
The company is based in Hangzhou, China.
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