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Published on 4/20/2023 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Hong Kong’s Southwest Securities buys back $10 million more bonds

Chicago, April 20 – Southwest Securities International Securities Ltd. repurchased an additional $10 million of its 4% guaranteed bonds due 2024, according to a notice.

There were originally $178 million of the bonds.

The Thursday repurchase represents 5.62% of the initial amount of the offering.

After cancellation, there will be $92.5 million, or 51.97%, of the bonds remaining.

The financial company is based in Hong Kong.


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