Brief: Sansheng Holdings Announces Expiration Of Exchange Offer Relating To Outstanding 13.0% Senior Notes Due 2022
30/06/2022 11:27
June 30 (Reuters) - Sansheng Holdings Group Co Ltd
2183.HK :
* ANNOUNCES EXPIRATION OF EXCHANGE OFFER RELATING TO
OUTSTANDING
13.0% SENIOR NOTES DUE 2022
* AS AT JUNE 30, $100 MILLION IN AGGREGATE PRINCIPAL AMOUNT
OF
EXISTING NOTES REMAIN OUTSTANDING
* EXPECTS IT IS UNABLE TO MEET REPAYMENT OBLIGATIONS UNDER
EXISTING NOTES AT MATURITY
* CONTINUOUSLY ASSESSING LEGAL, FINANCIAL & OPERATIONAL
IMPACT OF
EXPECTED DEFAULT ON EXISTING NOTES OVER GROUP
Further company coverage: 2183.HK
((Reuters.Briefs@thomsonreuters.com;))
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Brief: Sansheng Holdings Announces Expiration Of Exchange Offer Relating To Outstanding 13.0% Senior Notes Due 2022