Sun Hung Kai & Co. (BVI) Limited Announces Partial Repurchase and Cancellation of U.S.$450 Million Notes

Reuters
Jul 17
<a href="https://laohu8.com/S/SHGKF">Sun Hung Kai &</a>amp; Co. (BVI) Limited Announces Partial Repurchase and Cancellation of U.S.$450 Million Notes

Sun Hung Kai &amp; Co. (BVI) Limited, a subsidiary of Sun Hung Kai & Co. Limited, has announced a partial repurchase and cancellation of its U.S.$450,000,000 5.00 per cent. Notes due 2026, listed under stock code 40831. The company has repurchased an additional U.S.$21,942,000 of the outstanding Notes in the open market, representing approximately 4.88 per cent of the initial principal amount. This move is part of the company's ongoing management of its debt structure. The directors of the Issuer include Brendan James McGraw, Alfred Leung Sai Kit, and Wong Kin Wing.

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