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Global Chemical’s GC Treasury buys back $24.84 million notes due 2051
By Mary-Katherine Stinson
Lexington, Ky., Dec. 28 – GC Treasury Center Co. Ltd. tallied the total open market repurchases as of Dec. 25 from its $550 million 4.3% senior notes due March 18, 2051 (ISIN: US36830DAC56), according to a notice.
Cumulatively, the company has repurchased and canceled $24,837,000 principal of the notes, leaving $525,163,000 outstanding as of Dec. 22.
The notes were issued in March 2021 and are guaranteed by PTT Global Chemical PCL.
GC Treasury is a Bangkok-based investment company. Its parent company PTT Global Chemical is a petrochemical company also based in Bangkok.
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