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Lee & Man calls remaining $206.3 million 5˝% perpetuals
By William Gullotti
Buffalo, N.Y., April 26 – Hong Kong’s Lee & Man Paper Manufacturing Ltd. has issued a redemption notice to holders of the remaining $206.3 million of its $300 million 5˝% senior perpetual capital securities (ISIN: XS1993771325), according to an announcement on Friday.
The perpetuals will be redeemed at par plus accrued and unpaid interest on May 29 and subsequently delisted.
Lee & Man is a paper and packaging producer.
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