Longfor Group Repays '21 Longfor 06' Bond, Clears All 2026 Credit Debt
Longfor Group completed the scheduled principal and interest repayment of its '21 Longfor 06' bond on August 11, with a total amount of approximately RMB1.029 billion, consisting of RMB992 million in principal and RMB37 million in interest. Following this repayment, all credit bonds maturing in 2026 have been fully settled. The company's remaining onshore credit debt is RMB800 million, which is due in 2027.
On August 11, Longfor Group made the scheduled payment on its '21 Longfor 06' bond, covering principal and interest totaling approximately RMB1.029 billion. The breakdown was RMB992 million in principal and RMB37 million in interest.
Following this transaction, the company has cleared all its credit bond obligations maturing in 2026. As of now, the only outstanding onshore credit debt is RMB800 million, which matures in 2027.