Brief: China Zhengtong Auto Services Updates On Repayment Of Outstanding Instalment Of $380 Mln Loan

China Zhengtong Auto Services Holdings

22/07/2020 02:10

July 22 (Reuters) - China ZhengTong Auto Services Holdings
Ltd  1728.HK :
    * NOTES CERTAIN FINANCIAL MEDIA REPORTS OF DEFAULT IN
REPAYMENT OF
OUTSTANDING INSTALMENT OF LOAN FACILITY OF $380 MILLION
    * DULY REPAID 30% OF PRINCIPAL AMOUNT OF LOAN & INTEREST
ACCRUED
THEREON BY TWO INSTALMENTS
    * PROPOSED ADVANCE TO LENDERS OF LOAN TO REVISE DUE DATE FOR
PAYMENT OF THIRD INSTALMENT IN SUM TO 19 JAN 2021

Source text for Eikon:  ID:nHKS8kttw3 
Further company coverage:  1728.HK 

 ((Reuters.Briefs@thomsonreuters.com;))