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Prospect News home > News index > List of issuers C > Headlines for Chengfa Industrial (BVI) Co. Ltd. > News item
Published on 7/20/2023 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Chengfa Industrial buys back, cancels $105 million 6½% bonds due 2023

By Mary-Katherine Stinson

Lexington, Ky., July 20 – Chengfa Industrial (BVI) Co. Ltd. repurchased and canceled all $105 million of its 6½% bonds due Nov. 24, 2023 (ISIN: XS2547145008) on July 14, according to a notice.

The bonds, which had a keepwell deed from Hangzhou Qiantang New Area City Development Group Co., Ltd., are no longer outstanding.

The notes were originally issued on Nov. 25, 2022.

The company is based in China.


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