Road King Infrastructure’s RKP Overseas Finance Defers 17 Aug 2026 Distribution on 7.95% Perpetual Securities

Bulletin Express
Aug 07

Road King Infrastructure Limited (Road King) and its financing subsidiary RKP Overseas Finance 2016 (A) Limited announced a further deferral of coupon payments on the Issuer’s 7.95% Senior Guaranteed Perpetual Capital Securities (ISIN: XS1567389728).

RKP Overseas Finance has exercised its contractual option under Conditions 8(D)(i) and 8(D)(iv) to postpone, in full, both the scheduled distribution and all accrued but unpaid distributions due on 17 August 2026. Payment will be pushed to the next distribution date, in line with the securities’ terms.

This marks the fourth consecutive deferral: • 17 Feb 2025 – initial distribution deferred (announced 5 Feb 2025) • 17 Aug 2025 – distribution and arrears deferred (announced 8 Aug 2025) • 17 Feb 2026 – distribution and arrears deferred (announced 6 Feb 2026) • 17 Aug 2026 – latest deferral (announced 7 Aug 2026)

The issuer highlighted that no assurance can be given regarding future deferral decisions. Holders of the 7.95% Securities are advised to exercise caution when trading the notes.

Board composition remains unchanged, with Chairman Derek Zen Wei Peu signing the notice on behalf of both Road King and RKP Overseas Finance.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10