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Hong Kong’s AMTD repurchases $77 million of its 7 5/8% perpetuals
By Sarah Lizee
Olympia, Wash., Dec. 31 – AMTD Group Co. Ltd. said it repurchased and cancelled $77 million of its $200 million 7 5/8% senior perpetual securities on Dec. 19, according to a notice.
Following the repurchase, $123 million of the securities remain outstanding.
The securities were issued under the company’s $1 billion medium-term note program.
The investment banking firm is based in Hong Kong.
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