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Published on 11/29/2021 in the Prospect News Distressed Debt Daily, Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

China’s Fantasia noteholders agree to modify interest payment dates

Chicago, Nov. 29 – Fantasia Holdings Group Co., Ltd. announced that noteholders of its RMB 1,543,000,000 of bonds due 2023 have agreed to modify the interest payment schedule for the payment due Nov. 25, according to an announcement.

According to the modification, 20% of the interest payment due will be paid Nov. 25 and the other 80% will be paid after one year, on Nov. 25, 2022.

Fantasia is a property development company based in Shenzhen, China.


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