Longfor Group will repay nearly 9 billion yuan in public bonds within the year.

Jin10 data reported on July 3rd that Longfor Group (00960.HK) has allocated the payment funds for "22 Longfor 04" to the debt repayment account at China Securities Depository and Clearing Corporation, totaling 1.766 billion yuan. The issuance scale of "22 Longfor 04" is 1.7 billion yuan, with a coupon interest of 4.1%, and the exercise date is July 5, 2025. After the redemption of "22 Longfor 04" is completed, Longfor's total redemption of public debt in the year is approaching 9 billion yuan. From 2023 to 2024, Longfor has cumulatively reduced interest-bearing liabilities by over 30 billion yuan.

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