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China VAST Industrial to redeem all $50 million 12% secured notes
By Marisa Wong
Morgantown, W.Va., Jan. 16 – China VAST Industrial Urban Development Co. Ltd. said it plans to redeem in full its $50 million of 12% secured guaranteed notes due 2018 before their maturity.
The notes will be redeemed at a total redemption price, together with accrued interest, of $50,197,260.
The redemption date was not disclosed in the company’s announcement.
The industrial property developer is based in Hong Kong.
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