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Published on 3/28/2017 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s Maoye buys back $16.2 million of 7¾% senior notes due 2017

By Marisa Wong

Morgantown, W.Va., March 28 – Maoye International Holdings Ltd. repurchased a total of $16.2 million of its 7¾% senior notes due 2017 in the open market from March 8 to March 28.

After cancellation of the repurchased notes, $185,489,000 of the original $300 million principal amount will be left outstanding.

Maoye is a department store based in Shenzhen, China.


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