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China’s Fujian Yango repurchases $25 million of 9 7/8% notes due 2021
By Sarah Lizee
Olympia, Wash., Feb. 27 – Fujian Yango Group Co. Ltd. subsidiary Yango (Cayman) Investment Ltd. repurchased and canceled $25 million of its $110 million 9 7/8% guaranteed senior notes due 2021 (ISIN: XS1799603037), according to a notice.
Following the Feb. 25 repurchase, $85 million of the notes remain outstanding.
Fujian Yango is an investment company based in Fuzhou, China.
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