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6968 — Ganglong China Property News Story

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Brief: Ganglong China Property Issues Notes In Aggregate Principal Amount Of $180.6 Million

June 13 (Reuters) - Ganglong China Property Group Ltd 6968.HK:

ISSUED NOTES IN AGGREGATE PRINCIPAL AMOUNT OF US$180.6 MILLION

COMPANY DOES NOT EXPECT TO BE ABLE TO PAY SUCH INTEREST WITH RESPECT TO NOVEMBER 2025 NOTES

LEAD TO AN EVENT OF DEFAULT ON 17 JUNE 2025 IF SUCH INTEREST IS NOT PAID

WILL CONTINUE TO MAINTAIN ACTIVE COMMUNICATION WITH ITS CREDITORS

Further company coverage: 6968.HK

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

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