Greentown China settles offer to purchase 2025 senior notes

Greentown China Holdings Limited (HKEX:3900) announced the settlement of its offer to purchase for cash up to the maximum acceptance amount of its 4.7% senior notes due 2025 (Stock Code: 40447) and 5.65% senior notes due 2025 (Stock Code: 40300). The company repurchased US$312.187 million in principal amount of the April 2025 notes and US$139.676 million of the July 2025 notes. Following the cancellation of these accepted notes, US$134.313 million of the April 2025 notes and US$154.824 million of the July 2025 notes remain outstanding. The repurchased notes were cancelled on February 25, 2025.