Brief: DaFa Properties Group Received Notice Of Acceleration From Holders Of 2022 July Senior Notes

DaFa Properties

01/04/2022 16:03

April 1 (Reuters) - DaFa Properties Group Ltd  6111.HK :
    * RECEIVED NOTICE OF ACCELERATION FROM HOLDERS OF 2022 JULY
SENIOR
NOTES BY VIRTUE OF NON-PAYMENT
    * PRINCIPAL OF, PREMIUM, IF ANY, & ACCRUED AND UNPAID
INTEREST ON
2022 JULY SENIOR NOTES HAS BECOME IMMEDIATELY DUE AND PAYABLE
    * RECEIVED NOTICE OF ACCELERATION FROM HOLDERS OF 2023 APRIL
SENIOR NOTES BY VIRTUE OF CROSS DEFAULT TRIGGERED BY 2022 NOTES
NOTICE
    * AS SUCH, 2022 JUNE SENIOR NOTES IS NOT IMMEDIATELY DUE AND
PAYABLE
    * APPLICATION HAS BEEN MADE WITH STOCK EXCHANGE FOR
SUSPENSION OF
TRADING OF 2023 APRIL SENIOR NOTES ON 4 APRIL

Further company coverage:  6111.HK 

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