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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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