Brief: JY Grandmark Repays Certain Subsequent Defaulted Borrowings
05/04/2024 18:37
April 5 (Reuters) - JY Grandmark Holdings Ltd 2231.HK :
* UPDATE ON LISTED DEBT SECURITIES
* REPAID CERTAIN SUBSEQUENT DEFAULTED BORROWINGS OF
PRINCIPAL
AMOUNT OF RMB75 MILLION
* NO LONGER HAS ANY AMOUNT THAT IS IMMEDIATELY DUE AND
PAYABLE AS
AT APRIL 5
* HAS OBTAINED CONSENTS FROM NOTEHOLDERS OF 2025 NOTES TO
WAIVE
ANY EVENT OF DEFAULT UNDER 2025 NOTES
Further company coverage: 2231.HK
((Reuters.Briefs@thomsonreuters.com;))
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