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Prospect News home > News index > List of issuers Tenders > Headlines for 2023 > News item
Published on 9/26/2023 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China Grand’s Baoxin Auto to redeem 9.109% perpetuals on Oct. 30

By Mary-Katherine Stinson

Lexington, Ky., Sept. 26 – Baoxin Auto Finance I Ltd. issued a notice of redemption for its 9.109% senior perpetual securities (ISIN: XS1706083489) guaranteed by parent company China Grand Automotive Services Group Co., Ltd., according to a notice.

The notes will be redeemed on Oct. 30 at par plus accrued distributions.

Bank of New York Mellon, London Branch is the trustee.

China Grand Automotive is a passenger car dealer based in Shanghai.


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