share_log

华夏幸福(600340.SH):累计未能如期偿还债务金额合计为245.71亿元

China Fortune Land Development (600340.SH): the total amount of outstanding debts that have not been repaid as scheduled is 24.571 billion yuan.

Gelonghui Finance ·  Nov 15 18:41

As of October 31, 2024, China Fortune Land Development (600340.SH) announced that the amount of financial debt restructuring in the company's "Debt Restructuring Plan" achieved through signing contracts and other means totaled approximately RMB 190.029 billion (including the restructuring of domestic corporate bonds issued by the company and its subsidiaries and overseas US dollar bonds issued by overseas indirect wholly-owned subsidiaries).

As of October 31, 2024, the total amount of financial and operational debts compensated by the equity of the "Happy Selection Platform" and "Happy Optimal Platform" under the company's affiliated companies is approximately RMB 19.875 billion;

As of October 31, 2024, the total outstanding debt amount that the company has failed to repay on time is RMB 24.571 billion (excluding interest. The financial debts of the company will be executed according to the expiration date stipulated in the "Debt Restructuring Agreement" after its signing. The corresponding debt amount will be excluded from the total outstanding debt amount that the company has failed to repay on time until the adjusted expiration date).

From the date of the company's previous disclosure of litigation and arbitration situations to October 31, 2024, the total amount involved in newly incurred litigation and arbitration matters amounted to RMB 0.552 billion. Currently, the relevant cases are still in progress, and the final results of the cases are uncertain. It is not yet possible to determine the impact on the company's current profits or future period profits.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment