Brief: Prosper Construction Fails To Satisfy Financial Covenants In Loan Deals
02/04/2024 16:23
April 2 (Reuters) - Prosper Construction Holdings Ltd
6816.HK :
* FAILED TO SATISFY FINANCIAL COVENANTS IN LOAN DEALS WITH
HANG
SENG BANK AND LUSO BANK INTERNATIONAL
* BREACH CONSTITUTES AN EVENT OF DEFAULT UNDER LOAN
FACILITIES
* OUTSTANDING PRINCIPAL AMOUNT OF LOAN FACILITIES HK$163
MILLION
Further company coverage: 6816.HK
((Reuters.Briefs@thomsonreuters.com;))
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