Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Tenders > Headlines for 2024 > News item |
Wuxing Industry repurchases €57 million 6.2% guaranteed bonds due 2024
By William Gullotti
Buffalo, N.Y., Feb. 15 – Wuxing Industry Investment Husheng Co., Ltd. repurchased €57 million of its €97 million 6.2% guaranteed bonds due March 27, 2024 (ISIN: XS2597774962), according to an announcement on Thursday.
The buybacks represent about 58.76% of the issue. The company confirmed that the repurchased bonds were canceled on Feb. 9, leaving €40 million outstanding.
The bonds were issued March 29, 2023 and listed on the Singapore Exchange on April 3, 2023.
Incorporated in the British Virgin Islands, the company is an indirect wholly owned subsidiary of Huzhou Wuxing Industrial Investment Development Group Co., Ltd., a state-owned enterprise involved in infrastructure construction, land consolidation and development, as well as sale of resettlement housing in Huzhou 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.