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Nan Fung buys back, cancels $28.8 million of 5% notes due 2028
By Mary-Katherine Stinson
Lexington, Ky., Jan. 25 – Hong Kong-based Nan Fung Treasury Ltd. has repurchased in the open market a portion of its 5% senior notes due 2028 (ISIN: XS1873136607) guaranteed by Nan Fung International Holdings Ltd. and listed on the Singapore Exchange, according to a notice.
The company repurchased $28.8 million of the original $500 million principal amount. The repurchased notes have been canceled.
Nan Fung is an investment holding company. Its main business is property development.
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