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)