Thu 02/18/2021 18:58 PM
Relevant Document:
Announcement
Chinese property developer Sichuan Languang Development Co. in an update provided yesterday, Feb. 18, to its investors, detailed debt repayment plans, cash flow projection, stress tests and January operating figures, partly in response to recent volatility in its bond prices. Languang assured investors that it would at all times keep cash assets at no less than 10% of total assets.
“As for upcoming debt maturities, the company will not predict...
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