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884 — CIFI Holdings (Group) News Story

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Brief: CIFI Holdings Suspends All Future Offshore Debt Payments Effective June 29

BRIEF-CIFI Holdings Suspends All Future Offshore Debt Payments Effective June 29

- 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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