Home » today » Business » Country Garden Suspends Several Domestic Bonds to Implement Debt Management Measures

Country Garden Suspends Several Domestic Bonds to Implement Debt Management Measures

(Original title: Country Garden: Several domestic bonds will be suspended from August 14 to consider various debt management measures)

According to the news from the Shenzhen Stock Exchange, Country Garden Real Estate Group Co., Ltd. announced on the evening of August 12 that due to the recent plan to hold a bondholder meeting on the arrangement of corporate bond redemption, according to the relevant regulations of the Shenzhen Stock Exchange, upon application by the company, 21 BDI 01, 21 BDI 02, 21 BDI 03, 21 BDI 04, 22 BDI 02 and 22 BDI 03 corporate bonds will be suspended from trading on August 14, 2023, and the resumption time will be determined separately.

Country Garden said that the group will communicate with various stakeholders and consider taking various debt management measures to protect the legitimate rights and interests of investors. In the future, the group will continue to steadily promote various risk mitigation measures and business strategies to protect the group’s long-term future development. The holding company has established a special working group headed by the chairman of the board of directors, established a working mechanism, coordinated overall planning, made efficient decisions, and vigorously promoted, and strived to tide over the difficulties.

2023-08-12 14:37:00
#Country #Garden #domestic #bonds #suspended #August #debt #management #measures #considered

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.