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Prospect News home > News index > List of issuers K > Headlines for KWG Property Holding Ltd. > News item
Published on 10/19/2017 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s KWG Property to redeem $100 million of 8¼% senior notes

By Sarah Lizee

Olympia, Wash., Oct. 19 – KWG Property Holding Ltd. said it will redeem $100 million of its 8¼% senior notes due 2019, according to a notice.

The notes will be redeemed on Nov. 18 at a redemption price equal to 104.125% of the principal amount plus accrued interest up to but excluding the redemption date.

Following the redemption, $300 million of the notes will remain outstanding.

The company said it will use internal funds for the redemption.

KWG Property is a developer based in Guangzhou, China.


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