E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers D > Headlines for Development Bank of Mongolia > News item
Published on 1/26/2023 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Development Bank of Mongolia buys back $51.61 million of 7¼% notes

By Mary-Katherine Stinson

Lexington, Ky., Jan. 26 – Development Bank of Mongolia reported it has repurchased $51.614 million of its $500 million 7¼% senior notes due 2023 (ISIN: US25161AAA79, USY2056PAA40) in a series of on-market purchases in March 2020, April 2020, October 2022 and November 2022, according to a notice.

The notes were repurchased at an average price of $86.69 per $100 in principal amount of the notes.

The repurchased notes were canceled Jan. 23.

The Rule 144A and Regulation S notes were originally issued in October 2018.


© 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.