Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers N > Headlines for New Oriental Education & Technology Group Inc. > News item |
China’s New Oriental Education repurchases more 2 1/8% bonds due 2025
By Mary-Katherine Stinson
Lexington, Ky., May 23 – New Oriental Education & Technology Group Inc. updated the status of continuing repurchases of its 2 1/8% bonds due 2025, according to a 6-K filing with the Securities and Exchange Commission.
The company has now repurchased $228,785,000 of the original $300 million of the bonds, representing 76.3% of the original issue size.
After the repurchased bonds are canceled, there will be $71,215,000, or 23.7%, of the bonds outstanding.
The private educational services company is based in Beijing.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.