China National Building Material Group (00881.HK) announced an early redemption of USD 158 million bonds.
Zhito Finance APP News, China High-Grade Holdings (00881.HK) issued an announcement. According to the terms and conditions of the bonds, the trust agreement between the company and The Bank of New York Mellon (London) dated January 13, 2021, as well as the terms of the agency agreement for the issuance of bonds between the company, the trustee, The Bank of New York Mellon (London), and the Luxembourg branch of The Bank of New York Mellon dated January 13, 2021, the company announced today that it has notified the trustee and bondholders that the company will redeem all outstanding bonds on August 27, 2025. The redemption price will be the early redemption price calculated by the quotation agent based on the terms and conditions of the bonds as of the redemption date, together with accrued interest up to (but not including) the redemption date.
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