Brief: China Singyes Solar Technologies Says Bonds Issuer Announced Restructuring Support Agreement
02/08/2019 14:59
Aug 2 (Reuters) - China Singyes Solar Technologies Holdings
Ltd 0750.HK :
* BONDS ISSUER HAS ANNOUNCED RESTRUCTURING SUPPORT AGREEMENT
* DUE TO RSA, BONDS ISSUER WILL NOT MAKE PAYMENT OF
PRINCIPAL OR
INTEREST DUE ON MATURITY DATE
* INTENDS TO ENTER RESTRUCTURING SUPPORT AGREEMENT WITH
OUTSTANDING HOLDERS OF CBS
* DUE TO PAYMENT DEFAULT ON $160MLN SENIOR NOTES DUE 2018,
TO ALSO
DEFAULT ON RMB930 MILLION CONVERTIBLE BONDS DUE AUG 8, 2019
Source text for Eikon: ID:nHKS1GRT6X
Further company coverage: 0750.HK
((Reuters.Briefs@thomsonreuters.com;))
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