Longfor has completed the redemption of a 1 billion yuan bond, leaving a balance of 3.4 billion yuan in domestic corporate bonds
Longfor Group has completed the principal and interest payments on "21 Longfor 02," involving a total amount of approximately 1.038 billion yuan. Following the repayment of this bond, Longfor Group’s outstanding domestic credit bonds total approximately 3.4 billion yuan, comprising 147 million yuan maturing in March 2026, 1.5 billion yuan in May 2026, 1 billion yuan in August 2026, and 800 million yuan in January 2027. Since mid-2022, Longfor Group has reduced its interest-bearing debt by more than 40 billion yuan over three years. Starting in 2026, the group’s interest-bearing debt is expected to decrease by approximately 10 billion yuan annually. (Yicai)
Source:富途快讯 · Source Link
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