| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item |
CSI’s Estate Sky buys back $8.22 million of 5¾% senior perpetuals
By William Gullotti
Buffalo, N.Y., Dec. 7 – CSI Properties Ltd. subsidiary Estate Sky Ltd. repurchased $8.22 million of its $200 million 5¾% senior perpetual capital securities on Dec. 6, according to a company announcement.
The perpetuals were repurchased through on-market transactions at an average price of 98.39.
The original issue on Sept. 20, 2017 was for a total of $200 million, which becomes callable in 2022.
After cancellation of the repurchased notes, the outstanding principal amount is $163.9 million.
CSI is a Hong Kong-based investment holding company. Subsidiary Estate Sky is incorporated in the British Virgin Islands.
© 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.