Greentown China Holdings (HKG:3900) offered to buy back outstanding bonds amounting to $741 million, according to a Hong Kong Stock Exchange filing on Thursday.
The Chinese property developer will buy back $446.5 million of its 4.7% senior notes and $294.5 million of its 5.65% senior notes, which are due in April and July, respectively.
The offer will expire on Feb. 20, the filing said.