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Cambodia’s NagaCorp repurchases $3 million more 7.95% notes
By Mary-Katherine Stinson
Lexington, Ky., Oct. 14 – NagaCorp Ltd. continues to repurchase its 7.95% senior notes (ISIN: XS2197693265) due July 6, 2024 and its cumulative repurchases now total 1.51% of the original issue, according to a notice.
The company repurchased $3 million more of the notes in the open market on Oct. 12.
The latest buyback represents 0.55% of the original $550 million issue.
The board expects to cancel the repurchased notes and they will no longer be outstanding.
The hotel, gaming and leisure operator is based in Phnom Penh, Cambodia, with offices in Hong Kong.
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