Andong Oilfield Services(03337) An announcement was issued. As of the date of this announcement, the company has further repurchased notes with a total principal amount of $1,51 million on the open market, accounting for about 5.0% of the total initial principal amount of the notes. All repurchase notes have been or will be cancelled. After the cancellation of the repurchase notes, the remaining principal amount of the notes that remain unredeemed will be US$116 million, accounting for about 38.5% of the total initial principal amount of the notes.
Depending on market conditions and bond prices, the company may repurchase further unredeemed notes on the open market at an appropriate time.