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Published on 6/9/2023 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s Wens Foodstuff buys back portions of 2025, 2030 notes

By Marisa Wong

Los Angeles, June 9 – Wens Foodstuff Group Co., Ltd. announced it made on-market repurchases of its 2.349% notes due 2025 (ISIN: XS2239632776) and its 3.258% notes due 2030 (ISIN: XS2239632859) from February to May, according to a notice.

The issuer repurchased $13.62 million, or about 3.89%, of the 2025 notes and $17,608,000, or about 7.041%, of the 2030 notes.

The repurchased notes have been canceled, leaving $216,185,000 of the original $350 million of 2025 notes and $118,451,000 of the original $250 million of 2030 notes outstanding.

The pork producer is based in Yunfu, China.


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