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Published on 5/18/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Shui On to redeem $600 million 6.4% senior perpetuals on June 20

By Rebecca Melvin

Concord, N.H., May 18 – Shui On Land Ltd. subsidiary Shui On Development (Holding) Ltd. is exercising the redemption option of its $600 million 6.4% senior perpetual capital securities (ISIN XS1632358112), according to an announcement.

The notes will be redeemed on June 20 at par plus accrued distributions.

Shui On Land is a Hong Kong-based property development company.


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