eHi Car will redeem all remaining 5 7/8% notes due 2022 at 101.469

By William Gullotti

Buffalo, N.Y., Nov. 9 – eHi Car Services Ltd. announced it will redeem all outstanding $174,281,000 of 5 7/8% senior notes due 2022 (ISIN: XS1657420441) on Dec. 9, according to a notice on Tuesday.

The notes will be redeemed at 101.469 plus accrued interest up to, but not including, the redemption date.

The notes will be canceled and delisted from the Singapore Exchange upon redemption.

eHi Car Services Ltd. is a car rental and services company based in Shanghai.

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