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Published on 7/30/2020 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s Maoye repurchases $126.75 million of 13¼% notes due 2020

By Sarah Lizee

Olympia, Wash., July 30 – Maoye International Holdings Ltd. repurchased $126.75 million, or 50.7%, of its $250 million 13¼% senior notes due 2020, according to a notice.

Following the repurchase, $95.4 million of the notes remain outstanding.

Maoye is a department store based in Shenzhen, China.


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