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New World expects to issue $189.1 million in secured notes due 2032

New World Development said it received sufficient tenders during the early phase of its debt exchange offer and expects to issue about $189.1 million in new secured notes due 2032.

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1 million in new secured notes due 2032, after receiving sufficient tenders in the early phase of its debt exchange offer. The offer is intended to ease near-term repayment pressures.