Sino-Ocean Group Holding Ltd. has announced a partial principal repayment plan for its corporate bonds, specifically the 2019 First Tranche (Type 1 and Type 2) publicly issued bonds. As per the resolution approved at the recent bondholders' meeting, the company will repay 0.3% of the remaining principal of these bonds within 30 trading days following the vote. The repayment applies to bonds with the abbreviations "19 Sino-Ocean 01" and "19 Sino-Ocean 02," with respective outstanding amounts of RMB1.32 billion and RMB1.2 billion. This move is part of an installment repayment strategy to ensure the smooth repayment of the bonds' principal.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sino-Ocean Group Holding Ltd. published the original content used to generate this news brief on July 28, 2025, and is solely responsible for the information contained therein.