Dexin China Holdings buys back $1.2 million more of 9.95% notes

By William Gullotti

Buffalo, N.Y., Oct. 12 – Dexin China Holdings Co. Ltd. announced that a controlling shareholder repurchased an additional $1.2 million of its $350 million 9.95% notes due 2022, according to a notice on Monday.

Tak Shin International Ltd. repurchased the notes on the open market.

The buyback represents 0.34% of the initial principal amount of the notes.

The company is an investment holding company. Its subsidiaries are involved in construction services and property development.

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