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Prospect News home > News index > List of issuers K > Headlines for KWG Property Holding Ltd. > News item
Published on 11/10/2016 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s KWG Property redeems 13½% notes due 2017 for $424.3 million

By Marisa Wong

Morgantown, W.Va., Nov. 10 – KWG Property Holding Ltd. said it redeemed its $400 million of outstanding 13½% senior notes due 2017 in full on Thursday.

The total redemption price was $424,298,567, which includes a premium of $17,231,900 and accrued interest of $7,066,667, according to a company announcement.

KWG Property is a developer based in Guangzhou, China.


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