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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 10/18/2021 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Shandong Shipping to redeem all perpetual capital securities early

Chicago, Oct. 18 – China’s Shandong Shipping Corp. subsidiary SDSC International Development Ltd. said that it will redeem all $120 million of its senior guaranteed perpetual capital securities early, according to a notice.

The securities will be redeemed at par on Nov. 17, the first call date.

The securities will be withdrawn from the Stock Exchange of Hong Kong Ltd. after their redemption.

The shipping company is based in Qingdao, China.


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