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<CN Home>SUNAC (01918.HK) Delays Payments of Principal, Interests for 4 Bonds to Dec 2024
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According to documents provided by creditors, SUNAC (01918.HK) has made adjustments to the payment plans for four bonds, including "H Sunac 05", "H Sunac 07", "PR Sunac 01" and "20 Sunac 02". The developer plans to roll over the 4 bonds' principal and interest payments originally scheduled for June and September, conducting instead the 2 payments together in December. The adjustment may have an impact on creditors, especially those with short-term funding needs. The adjustment of the payment schedule is intended to improve the company's capital position, alleviate the short-term debt repayment pressure and allow for a more orderly deployment of funds before the end of the year. AAStocks Financial News |
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