FilingReader Intelligence
R&F Properties faces debt default, asset sales progress
June 11, 2025 at 05:04 AM UTC•By FilingReader AI
Guangzhou R&F Properties (HKEX:2777) disclosed a default on its first phase of targeted debt financing instrument due to tight liquidity, failing to pay principal and interest of RMB729,290,931.51. The company is in communication with holders of targeted debt financing instruments. This failure stems from triggering clauses in the bond prospectus due to a debt-to-asset ratio exceeding 90%.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when Guangzhou R&F Properties publishes news
Free account required • Unsubscribe anytime