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China’s Redco cancels $15.5 million repurchased notes
By William Gullotti
Buffalo, N.Y., Dec. 7 – Redco Properties Group Ltd. reported it canceled $15.5 million of notes in connection with its partial repurchases reported Nov. 15, according to an announcement on Tuesday.
The canceled notes were from the $38.5 million partial repurchase of 8% senior notes due 2022 (ISIN: XS2331603774).
Redco is a residential and commercial property developer based in Shenzhen, China.
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