Brief: CIFI Holdings Suspends All Future Offshore Debt Payments Effective June 29
BRIEF-CIFI Holdings Suspends All Future Offshore Debt Payments Effective June 29 June 29 (Reuters) - CIFI Holdings (Group) Co Ltd 0884.HK:
SUSPENDS ALL FUTURE OFFSHORE DEBT PAYMENTS EFFECTIVE JUNE 29, 2026
PAYMENT SUSPENSION APPLIES TO ALL LISTED OFFSHORE NOTES AND TERM LOAN FACILITIES
UNABLE TO MAKE OPTION 2 MINIMUM CASH PAYMENT, CONSTITUTES EVENT OF DEFAULT
TO CONTINUE LONDON ASSET DISPOSAL AND ENGAGE WITH CREDITORS ON RESTRUCTURING
NO ACCELERATION OR DEMAND NOTICE RECEIVED FROM OFFSHORE CREDITORS AS OF ANNOUNCEMENT DATE
Further company coverage: 0884.HK
((Reuters.Briefs@thomsonreuters.com;))
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