China’s Haiguo Xintai redeems remaining 4.3% bonds due 2022

By Wendy Van Sickle

Columbus, Ohio, July 15 – Haiguo Xintai Capital Ltd. said it settled the early redemption of its outstanding 4.3% bonds due 2022 (ISIN: XS2017302527) guaranteed by Beijing Haidian State-Owned Asset Investment Group Co., Ltd.

As previously reported, holders had tendered $433,158,000 of the $500 million of original bonds under an offer that expired on June 8. A successful consent solicitation that was held alongside that offer allowed the company to redeem the bonds in whole at par at any time.

The redemption was completed on Thursday.

Formerly Beijing Haiguo Xintai Investment Holding Center, Beijing Haidian provides investment management, investment consulting, asset management and other services. The company is based in Beijing.

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