Greentown uses favorable market conditions to repurchase some notes

Chicago, Nov. 30 – Greentown China Holdings Ltd. updated the totals purchased from the open market for two series of notes, according to a notice.

The company has repurchased a total of $3.5 million of its $450 million original amount of 4.7% senior notes due 2025 and $5.5 million of its $300 million 5.65% senior notes due 2025.

The property developer is based in Hangzhou, China.

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