Zhenro Properties will redeem all 5.95% notes a couple days early

Chicago, Nov. 1 – China’s Zhenro Properties Group Ltd. will redeem all of the bonds outstanding from its $200 million issue of 5.95% senior notes (ISIN: XS2247557320) on Nov. 16, according to an announcement.

According to the Prospect News archive, the green notes are due Nov. 18, 2021.

Some of the notes had been previously repurchased on the open market, but all of the notes will be canceled upon redemption.

The notes will be redeemed at par plus interest to the redemption date.

The issuer is a Shanghai-based real estate developer and property manager.

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