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Greentown China plans notes redemption

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Greentown China plans notes redemption

GreentownChina Holdings Ltd. plans to redeem the outstanding amount of its8.50% senior notes due 2018 on May 31.

As of May 3, the notes outstanding come to roughly US$561.0million.

The redemption price is 104.250% of the principal amount,plus accrued and unpaid interest, if any, from Feb. 4.