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Modern Land (China) repurchases $2 million 9.8% green senior notes
By Wendy Van Sickle
Columbus, Ohio, June 30 – Modern Land (China) Co. Ltd. made on-market repurchases of $2 million, or 0.62%, of its $321 million of 9.8% green senior notes due 2023 on Wednesday, according to an announcement.
If the repurchased notes are canceled, $319 million principal amount would remain outstanding.
The property developer focused on green residential development is based in Beijing.
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