China’s Wealthy Way redeems HK$18 million 8% bonds due 2021

By Rebecca Melvin

Concord, N.H., June 30 – Wealthy Way Group Ltd. redeemed the majority of its HK$20 million issue of 8% bonds due 2021, according to a company notice filed with the Stock Exchange of Hong Kong Ltd.

The partial early redemption of HK$18 million of the bonds was completed on Wednesday.

The bonds originally priced in 2018 and pursuant to their indenture are freely redeemable at par plus accrued interest by mutual agreement between the company and the bondholders.

Wealthy Way is a financial leasing and advisory services provider based in Shenzhen, China.

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