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Published on 7/6/2021 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

CSI’s Estate Sky repurchases some 4 7/8% notes on open market

Chicago, July 6 – Estate Sky Ltd. repurchased another $500,000 of its original $250 million 4 7/8% guaranteed notes due 2021 on July 2, according to an announcement.

The notes were originally issued on Aug. 1, 2016 and are guaranteed by CSI Properties Ltd.

After cancellation, there will be $237.9 million of the bonds outstanding.

The average price paid in the on-market purchases was 100.2.

CSI is a Hong Kong-based investment holding company. Subsidiary Estate Sky is incorporated in the British Virgin Islands.


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