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Central China Real Estate buys back $14.28 million of notes due 2021
By Rebecca Melvin
Concord, N.H., Oct. 12 – Central China Real Estate Ltd. announced a partial repurchase of its 6¾% senior notes due November 2021 (ISIN: XS1512966372), according to a notice.
The company bought $14.28 million of the November 2021 notes, representing 3.57% of the initial principal amount.
The notes were purchased on the open market between Oct. 1 and Oct. 11.
According to the notice, the company may repurchase more notes in the future.
The investment holding company is based in Zhengzhou City, China, and primarily engages in property development in China’s Henan Province.
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