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Prospect News home > News index > List of issuers K > Headlines for KWG Property Holding Ltd. > News item
Published on 11/10/2017 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s KWG to redeem remaining 8¼% notes at 104.125 on Dec. 10

By Marisa Wong

Morgantown, W.Va., Nov. 10 – KWG Property Holding Ltd. said it will redeem the remaining $300 million of its outstanding 8¼% senior notes due 2019 on Dec. 10.

The redemption price will be 104.125 plus accrued interest to the redemption date.

As of Nov. 10, there is $400 million of the notes outstanding. However, $100 million of the notes will be redeemed on Nov. 18 at 104.125, as previously announced.

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

KWG Property is a developer based in Guangzhou, China.


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