Greentown China Holdings (HK:3900) has released an update.
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Greentown China Holdings Limited has successfully concluded a tender offer for the repurchase of their 2.3% credit enhanced bonds due in 2025, with US$73,350,000 in aggregate principal amount of the bonds tendered by the expiration deadline. The remaining outstanding principal after settlement on September 13, 2024, will be US$26,650,000. Investors and bondholders have been directed to the tender offer memorandum for details, with Greentown not planning any public offering in the United States.
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