On the evening of May 23, Jinke Property Group Co.Ltd(000656) announced that the company planned to hold the first bondholders’ meeting of “20 Jinke 03” in 2022 from May 26 to May 27 to consider the proposal to adjust the payment arrangement of bond principal and interest and increase the guarantee measures for credit enhancement.
According to the announcement, Jinke Property Group Co.Ltd(000656) plans to adjust the principal payment time of “20 Jinke 03” bonds to 12 months from May 28, 2022, and the unpaid interest payable in the past will be paid in one time on the original maturity date. At the same time, the company will add 70% of the equity of Tianjin tianhuanyuan and Tianhu square project, 30% of the equity of Changsha Jinke Jimei Tianchen project and all the income corresponding to the above equity as pledge to increase credit, so as to better protect the interests of all holders.
It is reported that Jinke is still making efforts in various channels. In addition to close communication with AMC, partners and debtors to promote asset revitalization plans, we also actively introduce state-owned strategic investors.
