China’s Zhongliang buys back $3 million 7½% notes due 2022

By Wendy Van Sickle

Columbus, Ohio, Oct. 5 – Zhongliang Holdings Group Co. Ltd. made a repurchase of its 7½% senior notes due January 2022, according to a company announcement.

The company repurchased $3 million of the notes in the open market between Sept. 28 and Oct. 5, representing about 1.2% of the aggregate principal amount of the $250 million of notes originally issued.

Zhongliang is a residential property management company based in Shanghai.

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