Times China elects PIK interest on $17m of 2032 notes coupon, no cash paid

Reuters03-30
<a href="https://laohu8.com/S/01233">Times China</a> elects PIK interest on $17m of 2032 notes coupon, no cash paid
  • Times China elected to defer most March 30, 2026 interest on 4% senior notes due 2029, paying US$ 2.9 million as payment-in-kind.
  • Outstanding principal on 2029 notes rose to US$ 193 million from US$ 190 million.
  • Company elected to pay March 30, 2026 interest entirely in kind on 4.2% senior notes due 2032, adding US$ 17 million.
  • Principal on 2032 notes increased to US$ 842 million from US$ 825 million.
  • Payment-in-kind interest of US$ 9 million was added to 4.5% senior notes due 2033/2035, lifting principal to US$ 409 million from US$ 400 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Times China Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: AT4J7XDOEFTIG47U) on March 30, 2026, and is solely responsible for the information contained therein.

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