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1107 — Modern Land (China) News Story

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Brief: Modern Land (China) Co Extends Corporate Bonds' Maturity Date

BRIEF-Modern Land (China) Co Extends Corporate Bonds' Maturity Date

- Modern Land (China) Co Ltd 1107.HK:

  • EXTENDS CORPORATE BONDS' MATURITY DATE TO 31 JANUARY 2027

  • CONTINUES NEGOTIATIONS WITH CREDITORS AND NOTEHOLDERS FOR EXTENSION OF REPAYMENT DATES

  • ACHIEVES COST SAVINGS RELATIVE TO BUDGETED COSTS THROUGH COST CONTROL MEASURES

Further company coverage: 1107.HK


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

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