This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Bond Market News
Huarong Repays $400mn July Bond
July 5, 2021
A unit of China Huarong repaid their $400mn floater, guaranteed by the parent, due on Saturday, as per sources. The source said that the principal and interest were wired to the designated account. Huarong has repaid all its notes till date but concerns remain on its financial condition after it indicated a further delay in its 2020 results less than a week ago noting that its auditors needed more time and information to complete their audit.
Huarong’s dollar bonds were stable – its 2.875% Perps were at 82.25.
Go back to Latest bond Market News
Related Posts:
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.