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Prospect News home > News index > List of issuers G > Headlines for Greenland Global Investment Ltd. > News item
Published on 3/14/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s Greenland Global buys back $26.1 million 6¾% notes due 2022

By William Gullotti

Buffalo, N.Y., March 14 – Greenland Global Investment Ltd. repurchased $26.1 million of its $250 million 6¾% notes due 2022 on the open market, according to an announcement on Monday.

The buyback represents 10.44% of the initial issue, which was issued under the company’s $8 billion guaranteed medium-term note program and guaranteed by Greenland Holding Group Co., Ltd.

A total of $223.9 million, representing 89.56% of the initial issue, will remain outstanding after the redeemed notes are canceled.

Greenland Global is a real estate developer based in Shanghai.


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