China’s Haidilao buys back $60.71 million of 2.15% notes due 2026

By Marisa Wong

Los Angeles, Sept. 28 – Haidilao International Holding Ltd. announced a partial repurchase of its $600 million 2.15% notes due 2026.

From Sept. 1 to Sept. 28, the company made on-market repurchases of the notes in the aggregate principal amount of $60,708,000, representing about 10.12% of the initial principal amount.

The repurchased notes will be cancelled, leaving $539,292,000, or 89.88%, of the notes outstanding.

The chain of hot pot restaurants is based in Jianyang, China.

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