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Prospect News home > News index > List of issuers R > Headlines for Radiance Holdings (Group) Co. Ltd. > News item |
China’s Radiance readies funds for put option by domestic bondholders
Chicago, Nov. 29 – Radiance Holdings (Group) Co. Ltd.’s deposited the funds for its RMB 1.13 billion of bonds that have been subject to a put option on Nov. 29, according to a press release.
The company has also deposited the funds for the RMB 84.75 million of interest due.
The 19 Jinhui 03 bonds were originally issued on Nov. 29, 2019.
The issuer is an indirect non-wholly owned subsidiary of Radiance Capital Investments Ltd.
The real estate development company is based in Beijing.
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