188bet best bookmaker apologized in the early morning: "13 HNA Bonds" postponement voting procedures were rushed

Big Traffic Author of this article: 188bet best bookmaker 2020-04-15
188bet best bookmaker’s official WeChat issued an apology letter,On the voting on the extension plan of the "13 HNA Bonds" due on April 15,There are certain deficiencies in meeting notifications and preparations,Making the meeting more hasty,I deeply apologize to all investors。

Early morning of the 15th,188bet best bookmaker’s official WeChat issued an apology letter,On the voting on the extension plan of the "13 HNA Bonds" due on April 15,There are certain deficiencies in meeting notifications and preparations,Making the meeting more hasty,I deeply apologize to all investors。

Data display,The issuer of “13 HNA Bonds” is 188bet best bookmaker Co., Ltd.,The issuer is a local state-owned enterprise,Value date is April 15, 2013,Expiration date is April 15, 2020,The lead underwriter is Essence Securities,The latest debt rating is AAA。

The issuance scale of "13 188bet best bookmaker Bonds" is 11.500 million yuan,7 of them.RMB 500 million will be used for the company’s wholly-owned subsidiary Capital Airlines to introduce three Boeing B737-700IGW business jets,400 million yuan for the introduction of 2 Airbus A320 aircraft;The coupon rate is 7.1%。

It is reported,Evening of April 14th,188bet best bookmaker plans to negotiate with bond investors of “13 HNA Bonds”,Delay the payment of due principal and interest for one year,The specific redemption plan is subject to consensus with investors。

According to 21st Century Business Herald,Confirmed by institutional investors,I received an email from the Planning and Finance Department of 188bet best bookmaker at 18:30 on the same day (14th),The content is "Notice on convening the first bondholders meeting of 2013 188bet best bookmaker Co., Ltd. Bonds in 2020";The notice also requires investors to register before 19:00,Registration within half an hour。

Look at the information required from issuing notices to registering to participate and the voting process,Market participants said the meeting was as fast as “lightning”。

To this,188bet best bookmaker said in its apology letter,Due to the superimposed impact of the new coronavirus epidemic,Group Airlines、Travel、Hotel、Commercial and other related main business operations have been greatly affected,While taking multiple measures to fully promote the resumption of work and production,However, it is difficult for operations to return to the same period last year in the short term,Huge pressure on cash flow。

To properly respond to the impact of the epidemic,Maintain sustainable business operations,Planning to negotiate with investors of the “13 188bet best bookmaker Bonds” bonds due on April 15,Delay the payment of due principal and interest for one year,The specific redemption plan is subject to consensus with investors。

188bet best bookmaker said,Until April 14th,The company has been negotiating with major investors on extension matters,Convene a conference call with investors to further communicate and vote on the extension plan。Due to the large number of investors,There are certain deficiencies in meeting notifications and preparations,Making the meeting more hasty。Here,I deeply apologize to all investors。After the voting at the creditors meeting is completed,The company will truthfully disclose relevant information。

188bet best bookmaker also claims,I will learn from this experience in the future,Disclose relevant information more openly and transparently,Protect the legitimate rights and interests of investors。

*This article comesSource: Sino-Singapore Jingwei, original title: "188bet best bookmaker apologized in the early morning: "13 HNA Bonds" postponement voting procedures were rushed》.

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