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Published on 5/20/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Zhongliang redeems $150 million 11% notes due 2022 via refinancing loan

By Rebecca Melvin

Concord, N.H., May 20 – China’s Zhongliang Holdings Group Co. Ltd. redeemed in full and will delist its $150 million 11% senior notes due August 2022, according to a company announcement Friday.

The redemption occurred on April 26 using a new refinancing loan facility from the noteholders.

Zhongliang is a residential property management company based in Shanghai.


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