Evergrande Real Estate will hold a ＂20 Evergrande 05＂ bondholders meeting

Beijing News (Reporter Zhang Jian) October 16, Hengda Real Estate Group Co., Ltd. (referred to as "Hengda Real Estate") announced that according to the "Prospectus" and "Bondholders Meeting Rules", related matters trigger the conditions for the company’s bondholders meeting. The company will hold the "20 Hengda 05" corporate bondholders meeting from October 18 to October 19.

The announcement shows that the proposals to be considered at the above meeting include "Proposal on Changing the Relevant Time of the Bondholders’ Meeting" and "Proposal on Adjusting the Principal and Interest Repayment Arrangement of" 20 Evergrande 05 "Bonds".

According to public information, Hengda Real Estate completed the issuance of "20 Hengda 05" on October 19, 2020, with an issuance scale of 2.10 billion yuan, a coupon rate of 5.80%, a bond term of 5 years, with an option for the issuer’s coupon rate at the end of the third year and an option for investors to sell back.

Editor, Wu Xin

Proofreading, Liu Jun