Brief: Yida China Holdings Updates On Consent Solicitation Of Senior Notes Due 2025

Yida China Holdings

03/01/2023 10:38

Jan 3 (Reuters) - Yida China Holdings Ltd  3639.HK :
    * CONSENT SOLICITATION OF SENIOR NOTES DUE 2025
    * UNDER TERMS OF CONSENT SOLICITATION, $3.45 MILLION SHALL
BE PAID
TO ALL HOLDERS OF SENIOR NOTES OUTSTANDING ON A PRO RATA BASIS
ON 31 DEC
    * DUE TO UNFAVORABLE FACTORS IN MACRO ECONOMY, AMONG OTHERS,
CO
HAS NOT MADE SUCH PAYMENT ON DEC 31, 2022
    * AS AT JAN 3, CO HAS NOT RECEIVED ANY NOTICE REGARDING
ACCELERATION ACTION BY HOLDERS OF SENIOR NOTES

Source text for Eikon:  ID:nHKS8DNg0x 
Further company coverage:  3639.HK 
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