Suning Appliance Group Commences Advance Payment of RMB 10 Billion of Bonds
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SHANGHAI, Dec. 15, 2020 /PRNewswire/ Suning Appliance Group Co. Ltd ( Suning.com , 002024.SZ), China s leading O2O smart retailer, announced that it will commence payment of the bond principal and last annual interest for 15 Suning 01 bonds on December 16, 2020
On December 11, 2020, the company transferred the full principal and interest due and payable to the settlement account of the Shanghai Branch of China Securities Depository and Clearing Co., Ltd, to protect and guarantee the on-time payment of over RMB 10 billion (US $1.5 billion) of bonds.