Brief: Guangzhou R&F Properties' Subsidiary Fails To Make $147 Mln Interest Payment On Notes
Aug 11 (Reuters) - Guangzhou R&F Properties Co Ltd
2777.HK :
* SAYS GRACE PERIOD FOR SUBSIDIARY EASY TACTIC TO MAKE
INTEREST
PAYMENT TOTALLING ABOUT $147 MLN ON SENIOR NOTES HAS EXPIRED
* SAYS EASY TACTIC HAS NOT MADE THE PAYMENT IN CASH BEFORE
THE
EXPIRY
* SAYS ITS IN DISCUSSIONS WITH HOLDERS OF THE NOTES FOR
AMICABLE
SOLUTION
Source text
Further company coverage: 2777.HK
(Reporting by Beijing Newsroom)
((Ethan.Wang@thomsonreuters.com;))
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