Zhangzhou Jiulongjiang Group announced that as of February 26, 2024, the asset pool value had been less than 1.5 times the principal and interest of “21 Jiulongjiang MTN002 (green)” for 60 consecutive working days, which triggered the debt repayment guarantee commitment clause on that day. In order to fulfill the agreed terms of the prospectus, the company added an additional 830,000 shares of Pien Tsai as pool assets to ensure that the value of the pooled assets covered 1.5 times the principal and interest of the current debt financing instrument.
九龙江集团：再增加83万股片仔癀股票作为“21九龙江MTN002(绿色)”入池资产
Jiulongjiang Group: Adding another 830,000 shares of Pien Tsai as “21 Jiulongjiang MTN002 (green)” pooled assets
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