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2777 — Guangzhou R&F Properties News Story

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Brief: Guangzhou R&F Properties Announces Restructuring Of Domestic Corporate Bonds

Sept 10 (Reuters) - Guangzhou R&F Properties Co Ltd 2777.HK:

RESTRUCTURING OF DOMESTIC CORPORATE BONDS

PROPOSES TO REPURCHASE BONDS AT A DISCOUNT IN THREE INSTALLMENTS

EXPECTED TOTAL REPURCHASE AMOUNT NOT EXCEEDING RMB600 MILLION

PROPOSES TO REPAY BONDS WITH PHYSICAL ASSETS

TOTAL PRINCIPAL AMOUNT OF OUTSTANDING BONDS TO BE SETTLED WITH ASSETS UNDER THIS OPTION SHALL NOT EXCEED RMB6.6 BILLION

Further company coverage: 2777.HK

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

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