VCREDIT Holdings Limited Announces Partial Repurchase and Cancellation of USD 85,000,000 11.0% Senior Notes Due 2022
The Repurchased Notes shall be cancelled following repurchase. After cancellation of the Repurchased Notes, the aggregate principal amount of the Notes remaining outstanding shall be USD 54,440,000, representing 64.05% of the original principal amount of the Notes. The Company may undertake further repurchases of the Notes outstanding from time to time as permitted by the terms and conditions of the Notes and, as appropriate, after taking into account
factors such as market conditions and the price of the Notes.