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China’s Zhenro Properites to redeem $350 million 12½% notes due 2021
By Taylor Fox
New York, Nov. 13 – Zhenro Properties Group Ltd. plans to redeem its $350 million 12½% senior notes due 2021 (ISIN: XS18824300298) on Dec. 14, according to a company announcement.
The notes will be redeemed at par, plus the applicable premium and interest.
All redeemed notes will be canceled and the company will apply for withdrawal of the note listing.
Citicorp International Ltd. is the trustee.
The company is a real estate developer and property manager based in Shanghai.
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