"Huayuan 02" debt enhancement measures have been changed: disposal of part of the enhancement assets has been completed.

date
05/12/2025
On December 5th, Aoyuan Group Limited disclosed information regarding the changes in the credit enhancement measures for the "H Aoyuan 02" bonds. According to the announcement, bondholders have agreed to the issuer disposing of some of the credit enhancement assets and adjusting the payment arrangements. Aoyuan Group Limited has completed the disposal of some of the credit enhancement assets, including 20 parking spaces in Chongqing. All bondholders have agreed to the issuer's application to dispose of these parking spaces, reducing the number of mortgaged parking spaces by 20. The original credit enhancement assets include parking spaces, shops, and equities in Guangzhou, Jiangmen, Shanghai, and other locations, and the credit enhancement guarantee is still valid as of the announcement date. Aoyuan Group Limited assesses that the slight reduction in mortgaged parking spaces will not have a significant impact on bond repayment, and states that they will continue to carry out the bond repayment arrangements according to the resolution of the bondholders' meeting.