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Prospect News home > News index > List of issuers Z > Headlines for Zhenro Properties Group Ltd. > News item
Published on 10/21/2021 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Zhenro Properties buys back $2 million 10¼% perpetual notes

By Mary-Katherine Stinson

Lexington, Ky., Oct. 21 – China’s Zhenro Properties Group Ltd. has repurchased $2 million, or 1%, of its $200 million 10¼% senior perpetual capital securities (ISIN: XS2013512608), according to a notice.

The repurchased notes may or may not be canceled, the company said.

The company added that it may further repurchase its senior notes, depending on market conditions and its financial structure.

Zhenro is a Shanghai-based real estate developer.


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