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Published on 9/15/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s Weichai Power redeems $775 million 3¼% perpetuals at par

By Marisa Wong

Los Angeles, Sept. 15 – Weichai Power Co., Ltd. announced it has redeemed all $775 million outstanding 3¾% senior guaranteed perpetual capital securities issued by Weichai International Hong Kong Energy Group Co., Ltd. and guaranteed by Weichai Power.

The company redeemed the securities on Sept. 14 at par plus accrued distributions.

Weichai Power is a Weifang, China, maker of diesel engines.


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