R&F Properties (02777) announced that the restructuring plan for one of its onshore corporate bonds, with an outstanding principal of approximately RMB 1.68 billion, has been approved in the relevant bondholders' meeting. The company initially proposed a comprehensive restructuring plan for its onshore bondholders. The board of directors is pleased to confirm the approval and will proceed with meetings for the remaining onshore bonds under the restructuring scope to advance the restructuring process.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments