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Sino-Ocean Group Announces Bond Repayment Schedule

Story Highlights
  • Sino-Ocean Group operates in real estate, focusing on property development in China.
  • The company announced a 0.23% repayment for ‘H18 Sino-Ocean 1’ bonds, impacting financial stability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sino-Ocean Group Announces Bond Repayment Schedule

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Sino-Ocean Group Holding ( (HK:3377) ) has provided an announcement.

Sino-Ocean Group Holding Limited announced details regarding the repayment of its ‘H18 Sino-Ocean 1′ corporate bonds. The company has set a repayment schedule with a principal repayment date of July 14, 2025, and a repayment percentage of 0.23%. The announcement outlines the terms agreed upon in a bondholders’ meeting, including a grace period for repayment. This move is part of the company’s strategy to manage its debt obligations effectively, impacting its financial stability and stakeholder confidence.

More about Sino-Ocean Group Holding

Sino-Ocean Group Holding Limited is a company incorporated in Hong Kong, operating in the real estate industry. The company, along with its subsidiaries, focuses on property development and management, primarily in China.

Average Trading Volume: 38,552,777

Technical Sentiment Signal: Sell

Current Market Cap: HK$997.6M

See more data about 3377 stock on TipRanks’ Stock Analysis page.

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