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China’s Yango Justice buys back $10 million of 7 7/8% notes due 2024
By Marisa Wong
Los Angeles, July 8 – Yango Justice International Ltd. announced it repurchased $10 million of its 7 7/8% senior notes due 2024 guaranteed by parent company Yango Group Co., Ltd. in the open market on July 5.
After cancellation of the repurchased notes, $280 million principal amount remains outstanding.
Yango is a real estate development company based in Shanghai.
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