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Published on 10/19/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Agile Group unit fully redeems 6.2% notes due October 2022

By Mary-Katherine Stinson

Lexington, Ky., Oct. 19 – Agile Group Holdings Ltd.’s indirect wholly-owned subsidiary Guangzhou Panyu Agile Realty Development Co., Ltd. redeemed in full its RMB 1.5 billion 6.2% notes due October 2022 on Oct. 19, according to an announcement on Wednesday.

The redemption totaled RMB1,593,000,000 which includes interest from the period Oct. 19, 2021 to Oct. 18.

The repurchased notes were delisted from the Shanghai Exchange on Oct. 19.

Agile Group is a property developer based in Hong Kong.


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