Core Viewpoint - Zhongjun Group Holdings (01966) has announced a default event regarding its February 2026 notes, leading to the suspension of trading for these notes since October 5, 2023 [1] Group 1: Default and Financial Situation - The outstanding principal amount of the February 2026 notes is $350 million [1] - The company is actively seeking a comprehensive solution to ensure sustainable operations, in light of tight liquidity and ongoing communication with overseas creditors [1] - It is anticipated that the principal and accrued unpaid interest on the February 2026 notes will remain unpaid at maturity on February 4, 2026, and will not be settled [1] Group 2: Market Impact - The February 2026 notes will be delisted from the stock exchange after their maturity date [1]
中骏集团控股预计2026年2月票据的本金连同应计未付利息于到期日时将仍然未能偿还及将不会结清