Longfor Group has completed the fund transfer for the repayment of the maturing “16 Longfor 04” on March 4, with remaining principal of 147 million yuan and interest of approximately 6 million yuan. Simultaneously, Longfor Group also allocated about 19 million yuan for the current interest of “20 Longfor 04.” After this repayment of “16 Longfor 04,” Longfor Group’s onshore credit bonds amount to only about 3.3 billion yuan. (The Paper)
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Longfor Group repays "16 Longfor 04" principal and interest, with domestic credit bond balance of approximately 3.3 billion yuan
Longfor Group has completed the fund transfer for the repayment of the maturing “16 Longfor 04” on March 4, with remaining principal of 147 million yuan and interest of approximately 6 million yuan. Simultaneously, Longfor Group also allocated about 19 million yuan for the current interest of “20 Longfor 04.” After this repayment of “16 Longfor 04,” Longfor Group’s onshore credit bonds amount to only about 3.3 billion yuan. (The Paper)