Yanlord Land Group Reduces Outstanding Green Senior Notes
Yanlord Land Group's subsidiary repurchased and canceled US$32 million of its 5.125% Green Senior Notes due 2026, reducing the outstanding principal to US$312.94 million. This action may affect the company's financial strategy and market positioning. The latest analyst rating for Yanlord Land Group stock is a Hold with a S$0.50 price target.
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The latest update is out from Yanlord Land Group ( (SG:Z25) ).
Yanlord Land Group Limited has announced that its subsidiary, Yanlord Land (HK) Co., Limited, has completed a repurchase and cancellation of US$32 million of its 5.125% Green Senior Notes due 2026, which represents 6.4% of the total principal amount initially listed. This move follows previous repurchases and reduces the outstanding principal amount to US$312.94 million, potentially impacting the company’s financial strategy and market positioning.
The most recent analyst rating on (SG:Z25) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on Yanlord Land Group stock, see the SG:Z25 Stock Forecast page.
More about Yanlord Land Group
Yanlord Land Group Limited is a real estate company incorporated in Singapore, focusing on property development and investment, with a significant presence in the Chinese market.
Average Trading Volume: 4,160,692
Technical Sentiment Signal: Buy
Current Market Cap: S$1.36B
