Another bond of Fantasia Holdings (01777.HK) was extended.
On November 29, Fantasia Group (China) Co., Ltd. announced that the company held the “19 Fantasia 02” 2021 fourth bond on November 26 The holders’ meeting deliberated and passed the “Proposal on Conditionally Agreeing the Issuer to Postpone the Redemption of “19 Fantasia 02″ Principal and Interest”, that is, 80% interest is extended for one year; the principal is extended for 2 years until November 29, 2023 Expiration date.
“19 Fantasia 02” was issued on November 27, 2019, with a scale of no more than 730 million yuan and a term of 2+1 years, namely At the end of the second year of the bond’s existence, the issuer has the option to adjust the coupon rate and the investor’s option to sell back. The annual interest rate of the bond is 7.8%.
According to the announcement, the total number of outstanding bonds “19 Fantasia 02” is 7.3 million, and all bondholders attending the meeting have registered as of the creditor’s rights registration date after the end of the transaction. The registered bondholders or their legally authorized agents represent a total of 6,666,300 bonds with voting rights, accounting for 91.32% of the total number of outstanding bonds and voting rights of the company’s current bonds. In addition to the bond holders, representatives of the bond trustee Huatai United Securities Co., Ltd. attended the meeting, and the company’s designated personnel and lawyers attended the meeting as nonvoting delegates.
There are two proposals in this meeting. Proposal one is “Proposal on Exempting Bondholders’ Meeting Notification Time”; Proposal Two is “Regarding Conditional Approval of Issuance” Proposal for People to Postpone the Redemption of “19 Fantasia 02″ Principal and Interest.” This meeting reviewed the above two proposals, and voted on each proposal by means of registered communication voting. According to relevant regulations, the above two proposals have been passed by more than two-thirds of the valid voting rights held by holders of outstanding bonds in the current period.
In addition, Fantasia Group (China) Co., Ltd. also reconvened the 2019 public issuance of corporate bonds (second tranche) and the second bond holding in 2021. People meeting. There were four proposals in the meeting. Proposal one was “Proposal on Exempting Bondholders’ Meeting Notice Time”; Proposal Two was “Proposal on Adjusting Principal and Interest Repayment Agreement of
The voting results show that the above-mentioned meeting proposal 1, proposal 2, and proposal 3 failed to pass more than two-thirds of the valid voting rights held by the outstanding bondholders, and proposal 4 failed to be outstanding More than one-half of the valid voting rights held by the bondholders passed.
As of November 29, Fantasia has 5 RMB bonds, totaling 6.447 billion yuan; USD There are 11 bonds with a total of 3.761 billion US dollars.
This is another bond of Fantasia after the “20 Fantasia 02” was renewed.
On November 24, the “Fantasia Investor Relations” WeChat public account disclosed that the “20 Fantasia 02” 2021 fourth bondholder meeting was held on November 23 Convened on November 25, 2021. Regarding the conditional agreement to the issuer’s proposal to postpone the payment of the “20 Fancy 02” interest, the bondholders and/or agents voted and passed it. On November 25, 2021, 80% of the 116 million yuan of interest payable The payment will be postponed until November 25, 2022. The other 20%, or RMB 23.145 million, will be paid as scheduled on November 25, 2021.