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Dexin China Holdings buys back $4.2 million of 11 7/8% notes due 2022
By William Gullotti
Buffalo, N.Y., March 18 – Dexin China Holdings Co. Ltd. announced that it repurchased $4.2 million of its $200 million 11 7/8% notes due 2022, according to a notice on Friday.
The notes were repurchased on the open market and will be canceled.
The buyback represents 2.1% of the initial principal amount of the notes.
The company is an investment holding company. Its subsidiaries are involved in construction services and property development.
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