Shandong Gold to withdraw listing for previously redeemed 5.3% notes

By Mary-Katherine Stinson

Lexington, Ky., Sept. 7 – SDG Finance I Ltd., a subsidiary of Shandong Gold Group Co., Ltd., completed the full redemption of its $100 million outstanding 5.3% guaranteed perpetual capital securities, according to an announcement.

The securities, issued May 29, 2019 and guaranteed by Shandong Gold Group, were redeemed at par plus interest on May 29, 2022.

The withdrawal of the listing is expected to be effective Sept. 15.

Based in Jinan, China, Shandong Gold is a state-owned gold mining company.

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