Central China International repurchases $12 million of Wending Zhongyuan bonds due 2025

By Mary-Katherine Stinson

Lexington, Ky., Sept. 7 – Central China International Financial Holdings Co. Ltd., a subsidiary of the guarantor, made repurchases totaling $12 million, or 12%, of Wending Zhongyuan Co. Ltd.’s $100 million 4% guaranteed bonds due 2025 guaranteed by Central China Securities Co., Ltd., according to a notice.

Central China International purchased $5 million of the bonds on July 12, 2022, $3 million on Aug. 10, $2 million on Sept. 4 and $2 million on Sept. 5.

The repurchased bonds were canceled.

Following the repurchase, $88 million, or 88%, of the bonds remain outstanding.

Central China International Financial Holdings provides institutional brokerage services. It is based in Beijing.

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