Brief: Yincheng International Says It Repurchased $62.4 Mln Of 11.8% Senior Notes Due 2022
10/03/2022 10:22
March 10 (Reuters) - Yincheng International Holding Co Ltd
1902.HK :
* MADE REPURCHASE IN OPEN MARKET OF, AND CANCELLED, AN
AGGREGATE
PRINCIPAL AMOUNT OF US$62.4 MILLION OF NOTES
* AFTER CANCELLATION OF REPURCHASED NOTES, AGGREGATE
PRINCIPAL OF
US$6.6 MILLION OF NOTES REMAIN OUTSTANDING
* THERE WILL BE NO MATERIAL IMPACT ON ITS FINANCIAL POSITION
AS
RESULT OF REDEMPTION OF 11.8% SENIOR NOTES DUE 2022
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