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Published on 1/4/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Zhenro Properties will redeem $200 million perpetual capital securities

By Rebecca Melvin

Concord, N.H., Jan. 4 – China’s Zhenro Properties Group Ltd. announced it will redeem the $200 million outstanding principal amount of its senior perpetual capital securities (ISIN: XS2013512608) at par plus accrued interest, according to a notice.

The notes will be repurchased on March 5, and they will be canceled.

Zhenro is a Shanghai-based real estate developer.


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