According to Bloomberg News on Friday (July 14), at least two holders of the Chinese real estate developer's Ocean Group's US dollar bonds said that they have not received the interest ticket payment due on Thursday (13th), which increasesThe market is concerned about the debt of the Ocean Group.
Two ocean group creditors told Bloomberg that as of 9:30 am on Friday, they had not received interest on bonds in 2025.
The representative of the Ocean Group told some investors earlier this week that the company is still actively raising funds to pay the interest. Before the real breach of contract, the company had a wide range of widths.
The report also said that although the Ocean Group has not had repayment problems like other peers so far, it has been at the center of debt concern in the real estate industry in the past few months.The two major state -owned shareholders of the Ocean Group have hired external people to conduct due diligence to the company.
The Ocean Group was exposed in March of this March this March of the permanent debt of not paying a bond principal of 600 million US dollars (the same below, S $ 792 million).However, according to the interface news reported on March 29, the Yangyang Group has completed the votes of the permanent US dollar bonds in the second stage of this period, a total of $ 20.6 million.
The group was nearly 380 million US dollars of bond debt in the third quarter, including the first $ 9.5 million of tickets expired on Friday, and the payment had a 14 -day width period.
According to earlier reports of Bloomberg, bonds under the Ocean Group have recently been sold.As of Tuesday, its multiple US dollar bonds have fallen by more than 80%since the year of the year, and the domestic bond "18 Ocean 01" has been cut since July 3.The company's main shareholders China Life and everyone have set up a joint working group to enter the Oceania Group.
