Greentown China (03900) announced that as of the date of this announcement, the company has fully repurchased all outstanding notes with a total principal amount of USD 0.15 billion and a yield of 5.95% due in 2024. The repurchased notes will be cancelled in accordance with their terms.
The company will continue to monitor the market and may consider further repurchasing any of its bonds at an appropriate time. The board of directors fully supports the repurchase and believes that it demonstrates confidence in the company's prospects.