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China’s Hopson Development to redeem 7½% senior notes due 2022
Chicago, July 7 – Hopson Development Holdings Ltd. announced that it will redeem its $500 million 7½% senior notes due 2022 early on Aug. 6, according to an announcement.
The notes will be redeemed at 103.75 plus interest to the redemption date.
There are currently $492.3 million of the notes outstanding.
Hopson is a real estate company based in Guangzhou, China.
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