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Prospect News home > News index > List of issuers T > Headlines for Tenders 2011 > News item
Published on 10/12/2011 in the Prospect News Emerging Markets Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

China's Yuzhou Properties buys back portion of 13½% senior notes

By Marisa Wong

Madison, Wis., Oct. 12 - Yuzhou Properties Co. Ltd. said it repurchased $500,000, or 0.25%, of its $200 million of 13½% senior notes due 2015 on Oct. 4.

The repurchased notes were cancelled on Oct. 12. Following the cancellation, $199.5 million principal amount of the notes remains outstanding.

The notes were originally issued in December 2010.

The property developer is based in Xiamen, China.


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