CSI Properties (HKG:0497) repurchased and canceled $150 million of its 2025 bonds under its previously announced tender offer, according to a Tuesday Hong Kong exchange filing.
Following the settlement on May 27, the outstanding principal on the bonds stands at $146.13 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.