Financials, Consumer Staples Jan 24, 2022 08:29 AM (GMT+8) · EqualOcean
Yuzhou International announced on the Hong Kong stock exchange that it had completed the issuance of new notes of US $453 million in exchange for exchange notes of US $477 million. The company has not paid the principal and interest of the remaining notes due on January 23, 2022, and is not expected to pay the principal and interest of the remaining notes due on January 25, 2022. Urge the remaining Noteholders to exchange new notes in 2022 and will continue to negotiate with creditors.