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Yanlord Land Group Reduces Debt with Latest Note Repurchase

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Yanlord Land Group Reduces Debt with Latest Note Repurchase

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Yanlord Land Group ( (SG:Z25) ) has provided an announcement.

Yanlord Land Group Limited has announced the completion of a further repurchase and cancellation of US$31 million of its 5.125% Green Senior Notes due 2026, representing 6.2% of the total principal amount initially listed. This move is part of a series of repurchases aimed at reducing the outstanding debt, which now stands at US$281.94 million, potentially strengthening the company’s financial position and signaling a commitment to debt management.

The most recent analyst rating on (SG:Z25) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on Yanlord Land Group stock, see the SG:Z25 Stock Forecast page.

More about Yanlord Land Group

Yanlord Land Group Limited is a real estate developer based in Singapore, primarily focusing on high-end residential, commercial, and integrated property projects in strategically selected cities in China and Singapore.

Average Trading Volume: 3,428,564

Technical Sentiment Signal: Buy

Current Market Cap: S$1.34B

Find detailed analytics on Z25 stock on TipRanks’ Stock Analysis page.

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