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China's Texhong Textile buys back $2 million of 7 5/8% senior notes
By Marisa Wong
Madison, Wis., Aug. 29 - Texhong Textile Group Ltd. said that it purchased $2 million of its 7 5/8% senior notes due 2016 in two on-market transactions of $1 million each on Aug. 26 and Aug. 29.
The company issued $200 million of the notes in January 2011.
Texhong Textile is a cotton and spandex fabric supplier based in Shanghai.
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