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龙湖集团:提前赎回美元债,7月8月到期的债务预期上半年备好资金

Longfor Group: Pre-redeeming USD bonds, debt due in July and August is expected to be funded in the first half of the year.

Breakings ·  Jun 29 13:10
On June 28th, Longfor Group announced that the company has redeemed a total principal amount of approximately $403 million in publicly traded 3.95% senior notes due in 2029, and a total principal amount of approximately $220 million in publicly traded 3.85% senior notes due in 2032. There are no publicly traded bonds overseas due before the end of 2026, and the group is still planning to pay off debts early. At the Longfor Group shareholders meeting held on June 18th, the company's management revealed that as of the end of May, the remaining publicly traded bonds due within the year amounted to only 4.5 billion yuan, and part of the debt due in 2025 will also be arranged for early repayment in 2024 to ensure the short-term debt at the end of the year is at a safe level. Prior to this, it was learned from an investor meeting of Longfor Group that the company has set up a special account to collect funds in advance to pay off upcoming rigid debts. Longfor Group also told investors that debts due in July and August are expected to be prepared early in the first half of the year. (Pengpai)

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