Zhongsheng Group Holdings Limited has announced the early redemption of its U.S.$450 million 3.00% bonds due 2026. As of the announcement date, the outstanding principal amount of the bonds is U.S.$157,834,000. The company plans to redeem the entire outstanding amount on 27 August 2025, in accordance with the terms outlined in the bond agreement. This early redemption will result in the bonds being delisted from the Stock Exchange of Hong Kong Limited. The company's board, led by Chairman Huang Yi, has communicated this decision to bondholders and the Trustee, The Bank of New York Mellon, London Branch.
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