OTCPK:YUZHF - Post by User
Post by
mdaneseon Oct 14, 2021 3:41pm
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Post# 34006634
Yuzhou Says It Has Repurchased $45.5M Offshore Bonds
Yuzhou Says It Has Repurchased $45.5M Offshore BondsHong Kong-listed property developer Yuzhou Group released a statement to investors on Thursday, Oct. 7, assuring them that the company does not have any hidden debt such as commercial bills or wealth management products, and that it has sufficient cash flow to cover debt maturities in 2022 and beyond. Read the full analysis here:
https://reorg.com/yuzhou-says-it-has-repurchased-45-5m-offshore-bonds-stresses-it-does-not-have-hidden-debt-such-as-commercial-bills-wealth-management-products-offshore-bonds-continue-to-be-sold-off-thursday-oct/