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Published on 2/4/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

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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