The crisis of China's real estate industry is still being released.R & F Real Estate disclosed that due to cash pressure, its subsidiaries failed to pay three debt interest.
Comprehensive Bloomberg and interface news reports, R & F Real Estate on Sunday (August 11), which is listed in Hong Kong, announced on the Hong Kong Stock Exchange on the evening of the evening.On July 11 this year, the interest was paid with cash, and there was a 30 -day width limit.However, given the current cash flow pressure that the group is currently facing, it has not been able to pay interest with cash.
The interest -expired interest rates totaled $ 147 million (S $ 195 million).
R & F Real Estate said that the interest of not paying the Yileo bill may cause the bill holder to increase the repayment.R & F Real Estate is friendly and friendly solutions for bill holders, and will continue to pay close attention to the development of the situation and consider the possible actions that may be taken, including but not limited to formulating the overall liability management plan for the Group's overseas debt.
The announcement also said that the company will discuss a comprehensive and feasible solution with the consultants to ensure that all creditors are treated fairly;The overall solution of the group's overseas debt issues and the difficulties of the entire industry.
