Central China International repurchases $58.8 million bonds due 2021

By Wendy Van Sickle

Columbus, Ohio, Aug. 5 – Central China International Financial Holdings Co. Ltd. unit Wending Zhongyuan Co. Ltd. repurchased $58.8 million, or 53.45%, of its $110 million of 5.2% bonds due 2021 guaranteed by Central China International and with the benefit of a keepwell and liquidity support deed provided by Central China Securities Co., Ltd., according to a notice.

Following the repurchase, $51.2 million of the bonds remain outstanding.

Central China International Financial Holdings provides institutional brokerage services. It is based in Beijing.

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