-+ 0.00%
-+ 0.00%
-+ 0.00%

Radiance Holdings Secures Extension of Defaulted Bank of China Loan to 2030

PUBT·10/30/2026 08:42:43
Listen to the news
Radiance Holdings Secures Extension of Defaulted Bank of China Loan to 2030
  • Radiance Holdings extended Fuzhou Jinghui’s Bank of China borrowing to Dec. 30, 2030, under a settlement agreement.
  • Other defaulted borrowings remained under restructuring negotiations, with arrangements subject to creditor approvals or definitive agreements where applicable.
  • A Foshan Chanhui debt acquisition agreement provides for full interest waiver and RMB 115 million principal settlement; in-kind repayment remains under discussion.
  • The Beijing Radiance Tower operating loan’s interest rate fell 50 basis points to 3.7%, covering approximately RMB 3.84 billion in outstanding principal.
  • Principal and interest payments on cross-defaulted borrowings continued in the ordinary course as of Sept. 30, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Radiance Holdings (Group) Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261030-12389878), on October 30, 2026, and is solely responsible for the information contained therein.