Health and Happiness (H&H) International Holdings (HKG:1112) will redeem $24.7 million senior notes on Feb. 13, according to a Monday filing with the Hong Kong Bourse.
The bonds have a 13.5% interest rate and are due in 2026. The redemption price will equal 109.54% of the redemption principal amount and the accrued and unpaid interest to the redemption date.
The company's stocks were up by about 5% in recent trading.