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Prospect News home > News index > List of issuers Tenders > Headlines for 2019 > News item
Published on 9/23/2019 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s Power Construction unit calls all $500 million perpetuals

By Sarah Lizee

Olympia, Wash., Sept. 23 – Power Construction Corp. of China subsidiary Dianjian Haiyu Ltd. plans to redeem all $500 million of its senior guaranteed perpetual securities on Oct. 21, according to a notice.

The redemption price will be par plus accrued distributions to the call date.

Power Construction is a Beijing-based contracting, investment and real estate development company.


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