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Prospect News home > News index > List of issuers Tenders > Headlines for 2024 > News item
Published on 3/18/2024 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s Chang Development repurchases $62.3 million of 4.3% bonds

By Mary-Katherine Stinson

Lexington, Ky., March 18 – Chang Development International Ltd. has repurchased $62.3 million, or about 31%, of its $200 million 4.3% guaranteed bonds due 2024 (ISIN: XS2325858038), according to a notice.

Parent company Changchun Urban Development & Investment Holdings (Group) Co., Ltd. is the guarantor.

After cancellation, $137.7 million bonds remain outstanding.

Changchun Urban offers infrastructure construction services.


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