COSCO Group announced on the Hong Kong Stock Exchange that it has not paid advance funds for the $3.8 million semi-annual interest due on October 26 in accordance with the provisions of the note. The US$200 million credit enhancement green note, which expires in 2025 and has a coupon interest rate of 3.8%, was issued by COSCO Real Estate Treasure IV and guaranteed by COSCO Group. The restructuring is being carried out in an orderly manner, and the hearing on the UK restructuring plan will be held in the English courts as scheduled on October 18.

COSCO Group announced on the Hong Kong Stock Exchange that it has not paid advance funds for the $3.8 million semi-annual interest due on October 26 in accordance with the provisions of the note. The US$200 million credit enhancement green note, which expires in 2025 and has a coupon interest rate of 3.8%, was issued by COSCO Real Estate Treasure IV and guaranteed by COSCO Group. The restructuring is being carried out in an orderly manner, and the hearing on the UK restructuring plan will be held in the English courts as scheduled on October 18.