Brief: Skyfame Realty Updates On Senior Notes

Skyfame Realty (Holdings)

15/06/2022 14:15

June 15 (Reuters) - Skyfame Realty (Holdings) Ltd  0059.HK :
    * IN FIRST 5 MONTHS OF 2022, GROUP IN AGGREGATE HAS REPAID
PRINCIPAL AND INTEREST OF ABOUT RMB2.89 BILLION TO BANKS, OTHER
CREDITORS
    * GROUP STILL DOES NOT SEE ANY SIGNALS OF IMPROVEMENT IN
OFFSHORE
REFINANCING ENVIRONMENT
    * PRINCIPAL AND INTEREST OF 13% INTEREST-BEARING SENIOR
NOTES ARE
DUE ON 8 JULY, OF WHICH PRINCIPAL AMOUNT OUTSTANDING WAS $247
MILLION
    * CURRENTLY, OUTSTANDING PRINCIPAL OF 13% INTEREST-BEARING
SENIOR
NOTES DUE 16 DEC 2023 ISSUED BY UNIT IS $292 MILLION
    * AS OF JUNE 15, HAS NOT RECEIVED ANY ACCELERATION NOTICE
FROM
HOLDERS OF SENIOR NOTES

Source text for Eikon:  ID:nHKSbxGX9X 
Further company coverage:  0059.HK 

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