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Hydoo International redeems 13.75% senior notes due 2018

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Hydoo International redeems 13.75% senior notes due 2018

Hydoo International Holding Ltd. has redeemed all of its outstanding 13.75% senior notes due 2018.

The Chinese real estate developer said it redeemed the notes Dec. 17 for a total redemption price of approximately US$65.8 million.