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Published on 12/22/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Wens Foodstuff provides update on September to December buybacks

By Mary-Katherine Stinson

Lexington, Ky., Dec. 22 – Wens Foodstuff Group Co., Ltd. gave an update regarding on-market repurchases of its $350 million 2.349% notes due 2025 (ISIN: XS2239632776) and its $250 million 3.258% notes due 2030 (ISIN: XS2239632859), according to a notice.

From September to December, the issuer repurchased $29,715,000 of the 2025 notes and $13.5 million of the 2030 notes.

The repurchases represent 8.49% of the 2025 notes and 5.4% of the 2030 notes.

As of Dec. 22, post-cancellation there are now $249,615,000 of the 2025 notes outstanding and $148,589,000 of the 2030 notes outstanding.

Bank of New York Mellon, London Branch is the trustee.

The livestock and poultry company is based in Yunfu, China.


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