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Published on 6/28/2011 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China's ENN Energy redeems all 7 3/8% notes for $220.54 million

By Marisa Wong

Madison, Wis., June 28 - ENN Energy Holdings Ltd. announced that it redeemed its $200 million of outstanding 7 3/8% guaranteed notes due April 5, 2012 in full on Tuesday.

The notes were redeemed at par plus the applicable premium of $14,684,000, along with accrued interest to the redemption date of $5,859,020, for a total redemption price of $220,543,020.

ENN Energy is a Lanfang, China-based investment holding company that invests in, operates and manages gas pipeline infrastructure and sells and distributes gas.


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