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Prospect News home > News index > List of issuers T > Headlines for Tenders 2009 > News item
Published on 12/31/2008 in the Prospect News Convertibles Daily.

Xinyu Hengdeli buys back RMB 210 million 0% convertibles due 2012

By Devika Patel

Knoxville, Tenn., Dec. 31 - Xinyu Hengdeli Holdings Ltd. said it repurchased RMB 210 million of its RMB 1.15 billion of outstanding zero-coupon convertible bonds due 2012.

Following this buyback, there was RMB 745 million of the bonds outstanding.

Xinyu Hengdeli is a Hong Kong-based watch retailer and wholesaler.


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