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荣盛发展(002146.SZ)拟展期规模不超7.3亿美元本金及相应利息存续债券 期限不超7年

Rongsheng Development (002146.SZ) plans to extend a bond with a principal amount of no more than US$730 million and corresponding interest for a period of not more than 7 years

Zhitong Finance ·  Sep 8, 2023 08:35

Zhitong Financial and Economic APP, Rongsheng Development (002146.SZ) announced that in order to maintain normal operating cash flow, optimize debt structure, ease debt maturity pressure, and avoid credit crisis, the company intends to carry out debt management of existing bonds outside China through foreign affiliated entities ("this bond extension"). The extension size shall not exceed US $730 million in principal and corresponding interest (including two stocks of foreign bonds: a bond of US $199 million with a coupon of 9.5% due on March 16, 2023 and a bond of US $531 million with a coupon of 9.5% due on September 17, 2024, hereinafter collectively referred to as "stock offshore bonds"), with a maturity of not more than 7 years (including 7 years).

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