Jinwu Financial News | According to reports, Longhu Group (00960) has remitted funds to pay interest on US$250 million 3.375% bonds due in 2027, citing sources.
The report calculated that the coupon amount due on the 13th of this month is US$4.22 million (approximately HK$32.916 million).
Sources pointed out that the purpose of the remittance of funds by the Longhu Group is to ensure timely payment of interest on the debt.