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China’s Modern Land repurchases $15 million of 7.95% notes due 2021
By Sarah Lizee
Olympia, Wash., Sept. 3 – Modern Land (China) Co., Ltd. repurchased $15 million, or 4.29%, of its $350 million 7.95% senior notes due 2021 on Aug. 22, according to a notice.
Following the repurchase, $335 million of the notes remain outstanding.
The property developer is based in Beijing.
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