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Ronshine China buys back $66 million of notes from five series
By Marisa Wong
Los Angeles, March 30 – Ronshine China Holdings Ltd. said it repurchased in the open market a total of $66 million of notes.
The partial buybacks consist of $1 million of Ronshine China’s 11½% senior notes due July 2020, $40 million of its 11¼% senior notes due August 2021, $12 million of its 10½% notes due March 2022, $5 million of its 8.95% senior notes due January 2023 and $8 million of its 8.1% senior notes due June 2023.
Ronshine is a property developer based in Fuzhou, China.
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