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Shui On tallies repurchases of 5¾% senior notes due 2023
By Mary-Katherine Stinson
Lexington, Ky., Sept. 6 – Shui On Land Ltd. announced the buyback of $25.51 million of the 5¾% senior notes due 2023 (ISIN XS2075800743) in open market purchases.
Shui On has partially canceled and will cancel the repurchased notes.
The additional issue of $200 million of the notes due 2023 were consolidated and formed a single series with the original $300 million issued by Shui On Development (Holding) Ltd. The notes are guaranteed by Shui On Land.
Shui On Land is a Hong Kong-based property development company.
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