E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/21/2019 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s 361 Degrees buys back $44.75 million of 7¼% notes due 2021

By Marisa Wong

Los Angeles, Nov. 21 – 361 Degrees International Ltd. said it has repurchased $44.75 million, or 11.19%, of its $400 million 7¼% senior notes due 2021 in the open market.

After cancellation of the repurchased notes, the remaining principal amount will be $355.25 million.

The company said it may make further buybacks of the notes.

361 Degrees is a sportswear company based in Xiamen City, China.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.