An error has occurred.

Odd number of elements in hash assignment at useradmin.pm line 79.

Prospect News has been notified.

Content-type: text/html; charset=ISO-8859-1 Prospect News: Prospect News

E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/3/2021 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s CIFI Holdings buys back some 5½% senior notes due 2022

By Marisa Wong

Los Angeles, Nov. 3 – CIFI Holdings (Group) Co. Ltd. repurchased a total of $75.3 million of its 5½% senior notes due January 2022 in the open market between Oct. 7 and Nov. 3, according to a company announcement.

The repurchased notes represent 12.87% of the original issuance.

After cancellation of the repurchased notes, $509.7 million, or 87.13%, of the notes will remain outstanding.

CIFI, based in Shanghai, is a real estate developer that builds properties in first- and second-tier cities in China.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.