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Shimao Property (00813.HK) completed the redemption of the $550 million senior notes due in 2022

February 11, 2019 20:01
source: Glonway

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February 11th丨Shimao Real Estate(00813.HK) announced that the company had redeemed the redemption price on the redemption date (equivalent to 104.188% of the relevant principal amount, ie approximately US$573 million plus an accumulated unpaid interest of approximately US$128,000 as of the redemption date). A 2022 bill with a total principal amount of $550 million. The company paid a total redemption price of approximately $573 million on the redemption date.

The company believes that redemption does not have a significant impact on its financial position. Upon completion of the redemption, the remaining 2022 bills outstanding amounted to $550 million.

(Article source: Gloem)

                (Editor: DF506)

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