BRIEF-Sunac China Updates On Non-Cash Payment Of Interest Relating To Convertible Bonds

Reuters

2024/09/30

Sept 30 (Reuters) - Sunac China Holdings Ltd :

* NON-CASH PAYMENT OF INTEREST RELATING TO CONVERTIBLE BONDS

* TOTAL AMOUNT OF PAYMENT-IN-KIND INTEREST ACCRUED AS AT INTEREST PAYMENT DATE IN RELATION TO CONVERTIBLE BONDS IS US$3.6 MILLION

* ACCRUAL OF PIK INTEREST INCREASES OUTSTANDING PRINCIPAL AMOUNT OF CONVERTIBLE BONDS AS AT INTEREST PAYMENT DATE TO $727.3 MILLION

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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