Tianfeng Securities tallies buybacks of 4% notes due 2024

By Mary-Katherine Stinson

Lexington, Ky., Feb. 22 – Tianfeng Securities Co., Ltd. as of Feb. 22 has repurchased $39.4 million, or about 11.59%, of its $340 million of 4% notes due 2024 (ISIN: XS2427752527) through open market purchases via a wholly owned subsidiary, according to a notice.

The repurchased notes have been canceled.

After cancellation, the outstanding aggregate principal amount is $300.6 million, representing 88.41% of the original issue.

The securities brokerage is based in 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.