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Country Garden repurchases $24.1 million 4¾% notes due July 2022
By Rebecca Melvin
Concord, N.H., Feb. 4 – Country Garden Holdings Co. Ltd. repurchased $24.1 million of its 4¾% senior notes due July 2022 (ISIN: XS1637076164) on the open market starting from Jan. 18, according to a notice.
The repurchased notes will be canceled, and the company said it will continue to monitor market conditions and may or may not make further purchases.
Since Dec. 30, the company has repurchased $30.1 million principal amount of the 4¾% notes.
Country Garden is a Foshan, China, real estate developer.
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