by Amruth Sundarkumar | Dec 3, 2021 | China, High Yield Bonds
Shanghai-listed Chinese telecommunications company, Dr. Peng Telecom & Media Group, missed its December 1 coupon payment of $9.24mn on its 7.5% notes maturing in 2022, and is now seeking to defer its interest payments until the bonds mature. The bonds were...
by Megha Malhotra | Aug 31, 2021 | High Yield Bonds, Hong Kong
China’s Dr. Peng Telecom & Media Group reported profits for the six months ended June 30 came of RMB 1bn ($155mn), three times the profits of RMB 325mn ($50mn) earned in the same period last year, while earnings per share (EPS) rose to RMB 0.72 ($0.11), four times...
by bondevalue | Mar 2, 2021 | China, High Yield Bonds
China’s Dr. Peng Telecom & Media Group announced on Monday that it has received approval from bondholders of its $257.6mn 7.55% bonds due in December this year to extend the maturity. Holders representing 87.3% of the total amount outstanding voted at the...
