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China Jinmao’s Franshion to redeem $500 million 5¾% notes due 2019
By Wendy Van Sickle
Columbus, Ohio, Nov. 29 – China Jinmao Holdings Group Ltd. subsidiary Franshion Brilliant Ltd. will redeem the $500 million of 5¾% senior notes due 2019 that are guaranteed by the parent company, according to a notice.
The notes will be redeemed on Dec. 31 at a price equal to the greater of par plus accrued interest and the make-whole amount.
China Jinmao is a Hong Kong-based investment holding company that invests in and develops real estate in mainland China.
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