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Aseana Properties Extends Medium-Term Notes Repayment

Story Highlights
  • Aseana Properties extends repayment for seven tranches of medium-term notes.
  • The extension offers Aseana more time to manage financial obligations, maintaining a 7% coupon rate.
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Aseana Properties Extends Medium-Term Notes Repayment

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Aseana Properties ( (GB:ASPL) ) has issued an announcement.

Aseana Properties Limited has announced an extension to the repayment date for seven tranches of its medium-term notes, valued at 6.65 million Malaysian ringgit. This follows previous extensions for other tranches, with the new maturity dates set for December 2025. The coupon rate remains unchanged at 7%. This extension provides the company with additional time to manage its financial obligations, potentially impacting its financial stability and stakeholder confidence.

More about Aseana Properties

Aseana Properties Limited is a property developer based in Malaysia, listed on the main market of the London Stock Exchange. The company focuses on developing real estate projects in Malaysia.

Average Trading Volume: 755

Technical Sentiment Signal: Sell

Current Market Cap: $18.1M

For a thorough assessment of ASPL stock, go to TipRanks’ Stock Analysis page.

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